Good Morning Traders!
It is Tuesday the 29th of August and here is what to look out for today.
The US dollar held ground as investors await data on the labor market, house prices, and consumer confidence to gauge the direction of interest rates. Federal Reserve Chair Jerome Powell reiterated at Jackson Hole last week that the central bank is watching data closely to decide whether it needs to tighten policy further.
10:00 AM ET
US CB Consumer Confidence
Median Forecast: 116.2| Prior: 117 | Range: 120 / 110
US JOLTS Job Openings
Median Forecast: 9.45M| Prior: 9.582M| Range: 9.55M / 9.34M
13:00 PM ET
US Sells $36 bln in 7-Year Notes at Auction
15:00 PM ET
Fed's Barr Speaks takes part in roundtable conversation with Blackfeet Business Council.