Welcome, Traders!
Today is Monday the 15th of May or Tuesday the 16th of May depending on where you are.
Here are some things to look our for in the session.
Sentiment:
The dollar fell 1% on Monday after rising 1% in the previous two sessions, as US Treasury Secretary Yellen warned Congress that the United States could run out of currency as soon as June 1. The majority of G-10 currencies rose, with the Australian and New Zealand dollars outperforming their rivals.
Docket:
10:00 PM ET
Chinese Urban Investment YTD YoY - Forecast: 5.7% | Prior: 5.1%
Chinese Unemployment Rate - Forecast: 5.3% | Prior: 5.3%
Chinese Retail Sales YoY - Forecast: 21.9% | Prior: 10.6%
Chinese Industrial Output YoY - Forecast: 10.9% | Prior: 3.9%
Good luck!
