US factor data up next

Welcome back to US traders after a three-day weekend.

It's a light start after a long weekend with only the Empire Fed on the US calendar today. The dollar is making a bit of a stand and commodities are giving back a bit of the latest gains.

The only other notable event today is a speech from the SNB's Jordan at 1700 GMT.

As for the Empire Fed, it's probably not going to be a market mover but watch the prices paid component.