Fed Minutes and China Loan Prime Rates on Tap This Week

This week is packed with key economic events that will likely impact the financial markets. The Federal Reserve's July FOMC minutes are due out on Wednesday, providing insight into the Fed's decision-making process for monetary policy.

China's loan prime rates will also be released this week, which could influence interest rates and borrowing costs in the country.

In terms of US data releases, housing starts, building permits, industrial production, and the Leading Economic Index are all scheduled to come out. The New York Empire State Manufacturing Index and NAHB Housing Market Index will provide additional insight into the state of the US economy.