U.S. Chicago Fed National Activity Index Might Improve Slightly In July, Here Are The Major Macro Issues For Monday

U.S. stocks closed lower with Deere & Company reporting worse-than-expected Q3 earnings on Friday.

Let’s have a look at the major economic events scheduled for today.

• The Chicago Fed National Activity Index for July will be released at 8:30 a.m. ET. The national activity index, which came in at minus 0.19 in both June and May, is expected to improve slightly to a reading of minus 0.02 for July.
• The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.

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