PUERTO RICO STOCKS COMMODITIES CURRENCY

new Bank of Japan governor Kazuo Ueda as he chairs his first monetary policy meeting at the end of the week.

Although confidence is high that the BOJ’s ultra-dovish policy will remain unchanged next Friday, economists flag the non-negligible risk of another surprise tweak to the explicit bond yield cap.

Japan’s stocks closed in positive territory on Monday, bucking the trend in the rest of Asia.

European stocks were slightly negative and U.S. stock futures also marginally in the red ahead of Wall Street’s open. Crude oil prices were lower.

With another Federal Reserve quarter-point interest rate rise next month now baked into pricing, Treasury yields were mostly flat. Focus is on the tense debt ceiling standoff - with the House of Representatives due to vote on Republicans’ spending and debt bill this week.

The dollar was mixed - up against Asian currencies but off against European currencies amid hawkish European Central Bank soundings on interest rates.

Events to watch out for on Monday:

* Dallas Fed April manufacturing survey, Chicago Fed National business survey