Awaitng Yellen to Give More Rate Hike Hints

We have a short week with US closed on Columbus Day holiday on Monday. The FOMC minutes for the September meeting due Wednesday would reveal how the policymakers were divided on the monetary policy stance. Last week Vice Chair Stanley Fischer indicated that the decision to not hike rate last month was a "close call”. As he noted, "the current stance of monetary policy should be viewed as modestly accommodative”.