Good Morning Traders!
It is Wednesday 19th of April, here are some things to look out for.
Sentiment
Treasuries flatten alongside bunds and gilts, while the dollar rises as UK inflation slows less than expected in the year to March, fueling a surge in rate tightening bets.
The pound outperforms its G10 counterparts.
A decline in US stock futures indicates a lower cash open.
Three of the Federal Reserve's 12 regional banks sought a half-point increase in the discount rate last month, while the remaining outposts preferred the quarter-point increase that was delivered.
Docket
8:15 AM ET
Canadian House Starts for March
Median Forecast 235K | Prior 244K | Range 260K/200K
8:30 AM ET
Canadian PPI MoM for March
Median Forecast -0.3% | Prior -0.8% | Range 0.2%/-0.5%
10:30 AM ET
Weekly EIA Crude Oil Inventories
Median Forecast -0.25M | Prior 0.597M | Range 2.5M/-4M
1:00 PM ET
US sells $12 bln 20-Year Bonds
2:00 PM ET
Fed Beige Book
Speakers
10:25 AM ET
ECB's de Cos Speaks
12:00 PM ET
ECB's Schnabel Speaks
SNB's Schlegel Speaks
Earnings
4:05 PM ET
Tesla Q1 23 Earnings
Est. EPS 86c | Est. Revenue $23.37 bln
Good Luck Today!
