At the bottom of the hour, the US advance goods trade balance for September will be released with deficit $-95.9 billion expected. That is a larger deficit compared to last months $-94.22 billion.

Wholesale inventories for September will also be released with expectations of +0.1% (was +0.1% last month as well.

Later at 10 AM, the Case Shiller home price data for August is expected to show a 0.2% gain for the month versus 0.3% last month. The year on year is expected that +5.1% versus 5.9% last month.

Also at 10 AM, the jolts job openings are expected to show a near unchanged level of 8.000 million for September versus 8.040 million last month.

This afternoon at 1 PM, the US treasury will auction off 7-year notes. Yesterday they auctioned off two and five year notes with below average demand.

In other markets today

Bitcoin is trading higher at $71,188Futures are implying a lower US stock opening. S&P index is implying decline -8.25 points and the Dow industrial average -137.57 points. The NASDAQ index is also lower by -5.32 points.US yields are higher once again with the tenure up 4.0 basis points at 4.318%. The two year yield is up 2.2 basis points 4.162%.

The earnings calendar continues to heat up as the week goes forward. Below is the schedule of releases for the rest of the week

After Close:

AMDAlphabetSnap Inc.ChipotleVisaFirst Solar

WednesdayBefore Open:

LillyCaterpillarHumana

After Close:

MicrosoftMetaCoinbaseRobinhood

ThursdayBefore Open:

UberPelotonMerckConocoPhillipsSiriusXMAltriaMastercard

After Close:

AmazonAppleIntel

FridayBefore Open:

FuboTVChevronExxonMobilWayfair

This article was written by Greg Michalowski at www.forexlive.com.