October 10, 2016

The week ahead for US Markets:

1) Meeting minutes from the U.S. Federal Reserve’s September meeting are due Wednesday.

2) October 14 BIG DAY: Friday we have earning seasons updates with earnings from major banks Citigroup, JPMorgan Chase and Wells Fargo.

3) Retail sales are due for release on the same day, and Fed Chair Janet Yellen is scheduled to speak that afternoon on “Macroeconomic research after the crisis.”

WATCH OUT: 
(i) U.S. crude oil futures will be in focus next week.

(ii) News on a settlement between Deutsche Bank and the U.S. Department of Justice.

(iii) Traders will watch British pound sterling after it plunged to fresh 31-year lows against the U.S. dollar.