Morning, Traders!
It is Wednesday the 10th 0f May / Thursday the 11th of May, depending on where you are.
Here are some things to look out for today.

Sentiment
Treasury yields fell, led by the shorter maturities following US inflation data showed signs that price pressures are moderating. This supports the case for the Federal Reserve to not only stop interest rate increases but even potentially cut them this year.
The dollar fell the most among its G-10 peers, with the Japanese Yen and New Zealand Dollar among the strongest gainers.

An earlier report showed that some ECB officials think that a rate hike in September may be required, which boosted the Euro early in the New York session.

Biden gave a press conference to hopefully shine a light on the debt ceiling negotiations, but nothing was gleaned, and there has been no agreement made in Biden's recent meeting with Congressional leaders.

 

Docket
7:50 PM ET
Japanese Current Account NSA in Yen
Median Forecast: 2,890.7B | Prior: 2,197.2B | Range: 3,769.6B / -1,500B

BoJ Summary of Opinions

9:30 PM ET
Chinese CPI for April
YoY - Median Forecast: 0.3% | Prior: 0.7% | Range: 3% / 0.2%

Chinese PPI for April
YoY - Median Forecast: -3.3% | Prior: -2.5% | Range: -2% / -3.9%

 

Good luck!