US markets focus on oil, geopolitics, Treasury yields, and Fed positioning amid light data calendar
With a light US economic data calendar, market attention shifts to oil prices, Middle East geopolitics, Treasury yields, and the Federal Reserve's stance. Key events include Canada's CPI release at 8:30 AM ET and 13-week & 26-week Treasury Bill auctions at 11:00 AM ET. Kestra Medical and Dave & Buster’s will report earnings after market close. Markets remain sensitive to disruptions in major energy routes, with crude oil above $100, which could fuel inflation fears, push Treasury yields higher, and pressure equities. No major Fed speakers are scheduled ahead of this week’s FOMC meeting, which begins Tuesday with the rate decision on Wednesday at 2:00 PM ET.
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