Welcome, Traders!
Today is Sunday the 21st of May or Monday the 22nd of May, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The US dollar fell Friday, erasing its weekly gain, as Fed's Powell signalled his willingness to suspend rate hikes next month; the kiwi outperformed G-10 rivals, along with the yen and Swiss franc, after Congressional leaders stated debt-ceiling talks had been halted.
Docket:
7:50 PM ET
Japanese Core Machinery Orders MoM - Forecast: 0.4% | Prior: -4.5%
Japanese Core Machinery Orders YoY - Forecast: 1.4% | Prior: 9.8%
9:15 PM ET
PBoC Interest Rate 1 Yr - Forecast is for no change at 3.65%
PBoC Interest Rate 5 Yr - Forecast is for no change at 4.30%
Good luck!
