Welcome, Traders!
Today is Sunday the 7th of May / Monday the 8th of May, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The dollar fell 0.6% last week as investors increasingly expect the Federal Reserve to decrease interest rates in the coming months. Treasuries fell strongly Friday, with the front end of the curve leading losses following the April jobs report. The Australian dollar outperformed the other G-10 currencies this week, followed by the New Zealand and Canadian dollars.
Docket:
7:50 PM ET
BoJ Meeting Minutes
8:30 PM ET
Japanese Services PMI - Forecast: | Prior: 54.9
Japanese Composite PMI - Forecast: | Prior: 52.5
9:30 PM ET
Australian Building Approvals - Forecast: 3% | Prior: 4.0%
Australian NAB Business Confidence - Forecast: | Prior: -1
Australian NAB Business Conditions - Forecast: | Prior: 16
Good luck!
