Empire State manufacturing index and Fed speeches due Monday

As traders approach another pivotal day for financial markets, a series of crucial economic data releases and Federal Reserve commentary that could sway market dynamics are expected on Monday, November 16, 2026. The day will feature the Empire State Manufacturing Index, providing insights into manufacturing conditions in New York state, alongside speeches from two prominent Federal Reserve officials. FOMC member John Williams and Fed Chairman Kevin Warsh are both scheduled to speak, offering potential clues about the future direction of monetary policy. Additionally, the weekly Commitments of Traders reports will be released, revealing speculative positioning across major asset classes.

Major Economic Events to Watch

No 3-star events are scheduled for this day.

Other Important Economic Events to Watch

• 8:30 AM ET: NY Empire State Manufacturing Index – Previous: 25.50. This survey-based index measures the relative level of general business conditions among approximately 200 manufacturers in New York state, with readings above zero indicating improving conditions.

• 9:05 AM ET: FOMC Member Williams Speaks – Federal Reserve official John Williams is scheduled to deliver remarks that may provide insight into monetary policy considerations.

• 12:00 PM ET: Fed Governor Warsh Speaks – Federal Reserve Chairman Kevin Warsh, who was sworn in as the 17th Chair in May 2026, will speak. As an FOMC voting member responsible for setting benchmark interest rates, his comments are closely monitored for policy direction signals.

• 3:30 PM ET: CFTC S&P 500 speculative positions – Previous: -129.4K. The weekly Commitments of Traders report shows net positions held by speculative traders in S&P 500 futures, reflecting market sentiment.

• 3:30 PM ET: CFTC Nasdaq 100 speculative positions – Previous: 42.9K. This report provides a breakdown of speculative trader positioning in Nasdaq 100 futures markets.

• 3:30 PM ET: CFTC Gold speculative positions – Previous: 179.5K. The COT report reveals speculative positioning in gold futures, an indicator of sentiment toward the precious metal.

• 3:30 PM ET: CFTC Crude Oil speculative positions – Previous: 80.3K. This data shows speculative trader positioning in crude oil futures markets.

Other Economic Events to Watch

• 11:30 AM ET: 3-Month Bill Auction – Forecast: 4.099%, Previous: 4.060%. The Treasury will auction short-term bills, with the rate representing the return investors receive for holding the security to maturity.

• 11:30 AM ET: 6-Month Bill Auction – Previous: 4.145%. This auction provides insight into investor demand for government debt and prevailing short-term interest rates.

• 3:30 PM ET: CFTC Aluminium speculative net positions – Previous: -1.4K. The COT report shows speculative positioning in aluminum futures.

• 3:30 PM ET: CFTC Silver speculative positions – Previous: 21.3K. This data reveals speculative trader positioning in silver futures markets.

• 3:30 PM ET: CFTC Copper speculative positions – Previous: 37.7K. The report provides insight into speculative positioning in copper futures.

• 3:30 PM ET: CFTC Natural Gas speculative positions – Previous: -258.9K. This data shows speculative trader positioning in natural gas futures markets.

• 3:30 PM ET: CFTC Wheat speculative positions – Previous: -62.5K. The COT report reveals speculative positioning in wheat futures.

• 3:30 PM ET: CFTC Corn speculative positions – Previous: 137.6K. This data shows speculative trader positioning in corn futures markets.

• 3:30 PM ET: CFTC Soybeans speculative positions – Previous: 163.6K. The report provides insight into speculative positioning in soybean futures.

For further information and the latest updates, please refer to our Economic Calendar, here.