Welcome, Traders!
Today is Thursday the 4th of May / Friday the 5th of May, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The dollar strength index fell further, with bond dealers still expecting the Federal Reserve to decrease interest rates in July. The yen rose as a result of the deepening sell-off in US regional bank stocks. The euro fell when the ECB paused its policy tightening pace. Australia's central bank issues its quarterly policy outlook update.
Docket:
9:30 PM ET
RBA Statement on Monetary Policy
Australian Housing Finance MoM - Forecast: | Prior: -1.2%
9:45 PM ET
Chinese Caixin Services PMI - Forecast: 57 | Prior: 57.8
Good luck!
