Bank of America Global Research previews today's FOMC minutes from the July meeting.

"The July FOMC minutes will be stale because the soft July jobs and inflation data since the Fed meeting have considerably reduced market pricing of hikes.

Still, we will be looking to get a sense of how many FOMC participants (besides the three dissenters) wanted a hike or would at least have been willing to go along with one," BofA notes.

"We're also curious about the committee's thresholds for a September move, though we wouldn't expect anything too specific on this front," BofA adds.