Fed's Mester set to speak in Iceland

Fed's Mester due to speak at 9:10 am ET (1310 GMT).

Mester is speaking at an academic conference in Reyjavik. The top is the influence of research on financial stability policy so the initial headlines probably won't be market moving. However, a Q&A from the audience is due later so that will give her a chance to flex her hawkish muscles.

Later in the day, the Fed's Fischer also speaks.