Trump coming up too

Trump coming up too

The first event to look out for in New York trade is an interview with the President on Fox Business at 8:15 am ET (1215 GMT). The message here is the medium. Trump likes to bring good news so I imagine he will be saying something in an effort to pump up markets.

However the good news could be unwound quickly if data disappoints at the bottom of the hour. That's when we get the May prelim US durable goods orders report along with data on wholesale/retail inventories and the advance goods trade balance. For what's expected, check out the economic calendar.

At 10:30 am ET (1430 GMT) the weekly US oil inventory report is due. Here is the API data.

At 11:30 am ET (1530 GMT) we hear from the Fed's Daly at the Forecasters Club of New York. The venue suggests the talk will be on monetary policy and the outlook.

Finally, there's a US 5-year note sale today at 1 pm ET (1700 GMT).