Economic data is back on the menu today

It's been a quiet week for economic numbers but it picks up today and through next week. At the bottom of the hour, reports on wholesale inventories, trade balance initial jobless claims and the Chicago Fed National Activity Index are out.

They're all second-tier indicators but if one is going to move markets it's likely to be the advance goods trade balance report. The consensus is a $65.3B deficit.

Trump is heavily targeting trade and working to narrow the US trade deficit so this is a starting point for the next four years.

Later we get reports on home sales and the service sector. Check the economic calendar for more.