Welcome back everyone!
This week is much lighter in terms of Earnings but Events on the other hand will be packing a punch. Powell will be giving a two day testimony on Tuesday and Wednesday. Unfortunately this comes before the CPI release this week so realistically there will be no new information coming from Powell. If he was to come out and say September rate cuts are looking like more of an option then this can spark a sharp rally on the indices. All this will be covered in details below so lets dive into it!