Fed Speeches and US Data Releases Set to Shape Market Expectations
Markets are bracing for a crucial week of Federal Reserve speeches and key US economic data releases, as investors digest last week's interest rate decision.
The week began with oil prices falling, with Brent crude dipping to around $101.71 per barrel and WTI slipping to about $98.15, amid ongoing tensions in the Middle East.
Wall Street futures traded higher on Monday, while Bitcoin rose by approximately 8% as technology stocks gained in early trading.
The focus now shifts to a series of Fed speeches, with at least 10 officials scheduled to speak this week, including Chicago Fed President Austan Goolsbee and New York Fed President John Williams. These comments will provide investors with valuable insights into policymakers' views on inflation and the outlook for interest rates.