ISM Services: Activity in the US services sector is expected to have expanded again in March, ticking up to a reading of 52.7 from 52.6 in February, according to economists polled by Reuters.
US private payrolls: Payroll processor ADP will release its US employment report for March, offering insight into the labour market before official government figures on Friday. Private employers are expected to have added 148,000 jobs in March, compared with the 140,000 added in February.
Earnings: Denim retailer Levi Strauss is expected to report that first quarter revenue declined from a year earlier as consumers continue to cut back on discretionary spending amid persistent inflation. Diluted earnings per share are forecast to decline by about two-thirds to 10 cents.
Fed-speak: Federal Reserve chair Jay Powell will deliver a speech on the economic outlook at the Stanford Business, Government and Society Forum in California. Michael Barr, vice chair for supervision, and Fed governor Michelle Bowman will speak at events in Washington. Fed governor Adriana Kugler will deliver a speech in Missouri about the outlook for the US economy.Â
Janet Yellen: The US Treasury secretary will depart for China. Yellen said last week that she would make China’s trade practices a key issue in discussions this week.Â
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