US Consumer Inflation Expectations Likely To Ease Further, Here Are The Major Macro Issues For Monday

U.S. stocks closed higher on Friday with the Nasdaq Composite gaining 250 points amid a rise in Amazon.com, Inc. AMZN and Apple Inc. AAPL shares.

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

• Data on consumer inflation expectations will be released at 11:00 a.m. ET. US consumer inflation expectations for the year ahead, which declined to 6.2% in July, are likely to fell further to 6.1% in August.
• The Treasury is set to auction 6-month bills and 3-year notes at 11:30 a.m. ET.
• The Treasury will also auction 3-month bills and 10-year notes at 1:00 p.m. ET.

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