At 7:30 a.m. CST Tuesday, the U.S. Commerce Department will report on the trade deficit for January. Later Tuesday, USDA will publish U.S. Census Bureau export data for various ag products in January, including ethanol and biodiesel. Traders will note the latest weather forecasts and watch for the latest news regarding Ukraine.
Weather
A frontal boundary left over from the weekend system will produce scattered showers in the Southeast Tuesday. But the bigger weather concern will be the arctic front moving through the Plains and Upper Midwest. Snow showers are limited for today, but temperatures behind the front are plunging well below normal which will spread through the rest of the country this week.