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Federal Reserve speeches, data set the scene on Wall Street

By dailymail / Published on Tuesday, 27 Jun 2017 10:58 AM / No Comments


Philadelphia Fed President Patrick Harker is expected to be speaking at the European Economics & Financial Centre in London, where he is set to discuss international trade and the economic outlook.

Fed Chair Janet Yellen will also be in the British capital, where she is set to have a conversation about global economic issues with Lord (Nicholas) Stern, the British Academy president.

Meanwhile, Minneapolis Fed President Neel Kashkari will be at a town hall forum in Michigan.

On Tuesday, San Francisco Fed President John Williams told an audience at Macquarie University in Sydney that advanced economies would find themselves stuck with slow growth over the long-term, unless fiscal authorities do something pivotal to turn things around; Reuters reported.

Stepping aside from central bank news, a slew of economic releases should come out on Tuesday including the S&P /Case-Shiller Home Price Index due out at 9.00 a.m. ET.

Consumer confidence and the Richmond Fed Manufacturing Index are also slated to be released, both out at 10.00 a.m. ET.

In earnings, Darden Restaurants, FactSet, IHS Markit and KB Home are due to come out.