llenging the risk appetite, as well as the market moves, could be a caution ahead of the US inflation release.
That said, comments from US Treasury Secretary Janet Yellen and some of the prominent Fed policymakers could also be considered as the risk-negative. US Treasury Secretary Janet Yellen mentioned that, during the CNN interview on Sunday, “Fed is going to need skill and luck to bring inflation down while maintaining labor market strength.
Moving on, China’s holiday and a light calendar at home could restrict the market’s moves on Monday. However, this week’s US and Retail Sales for August, as well as the preliminary readings of the Michigan Consumer Sentiment Index for September, will be crucial for fresh impulse as the Fed policymakers are in a pre-meeting blackout.