Trump to announce crypto platform, retail sales: What to Watch

Former President Donald Trump will be hosting a livestream on X Spaces at 8 p.m. ET on Monday night. He is expected to announce the debut of a new cryptocurrency exchange called World Liberty Financial, which will be controlled by his sons Donald Trump Jr. and Eric Trump.

Investors will get fresh monthly US retail sales data on Tuesday morning. Economists are forecasting a 0.2% decrease in the month of August after sales rose more than expected in July.

In addition, new homebuilder confidence data for September will also be released in the morning. Economists expect it to tick up to 41 after four straight months of declines as high mortgage rates continue to pressure potential homebuyers.

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This post was written by Melanie Riehl