Jimmy Carter’s funeral to be held January 9 — markets likely to be closed that day

Former US President Jimmy Carter died yesterday.

The funeral has now been announced for January 9. Historically, US markets close for a national day of mourning on the day of a former President’s funeral and I expect that will be the case this time around.

Federal non-essential employees are also given the day off and that could impact economic data scheduled to be released that day including:

• Initial jobless claims
• Trade balance
• Wholesale inventories
• A scheduled speech from Harker
• A 30-year bond auction

This article was written by Adam Button at www.forexlive.com.