U.S. Stock Futures & Yields Are Relatively Calm This Morning While Markets Begin a Busy Week

United Asset Strategies |

U.S. stock futures are lower. Stock futures and yields are relatively calm this morning as markets begin a busy week ahead. Investors are hoping to reverse last week's modest decline for the S&P 500, with a particular focus on labor market data. On the economic calendar, there will be speeches from the Federal Reserve officials today and the highlight of the week will be the release of June CPI data on Wednesday morning. Earnings season will commence on Friday morning with the release of quarterly results from major banks. In international markets, Asian markets closed with mixed results following the news that Chinese CPI remained unchanged year-over-year in June. Meanwhile, European stocks are trading higher in anticipation of a full slate of regional and euro area economic data set to be released tomorrow. In the commodities markets this morning, crude oil and gold prices are declining, while the US dollar is showing slight strength.