Markets
Back from a three-day weekend, traders will check in on the latest weather forecasts and notice the PCE inflation index for February, reported on Good Friday. A report on U.S. manufacturing in March will be out at 9 a.m. CDT Monday, followed by USDA's report of weekly export inspections at 10 a.m. NASS's Fats and Oils report will be out at 2 p.m., followed by the first weekly Crop Progress report of the season at 3 p.m.
WeatherA system is moving in pieces through the middle of the country Monday. That will bring a round of heavy rain and thunderstorms through much of the Plains and Midwest, including areas of severe weather. A widespread severe outbreak is forecast arcing from Texas up through Missouri and the Ohio Valley. All hazards are possible, but the rain will be most welcome.