Comments made at the 2017 Economic Policy Symposium last week in Jackson Hole are also expected to be on investors’ minds on Monday.
On Friday, European Central Bank President Mario Draghi said that while the global economic recovery appeared as if it was firming up, protectionist policies could pose a “serious risk” to growth.
Meanwhile, Federal Reserve Chair Janet Yellen said some modifications to regulations may still be required, however the financial system was safer now following the actions made by regulators after the crisis.
The oil market will also be a key talking point on Monday, with prices coming under pressure during early trade after Hurricane Harvey struck the state of Texas over the weekend, causing chaos for businesses and citizens. Several oil refineries had to temporarily shut.
CNBC’s Leslie Shaffer contributed to this report.
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