Welcome, Traders!
Today is Wednesday the 24th of April or Thursday the 25th of April depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The dollar index sustained its gains after minutes from the Federal Reserve's most recent meeting revealed that officials looked divided on further rate hikes. Nevertheless, bond traders increased their bets on the Fed raising interest rates in June, fueled in part by rising UK policy-rate forecasts following an unexpected increase in inflation statistics. The New Zealand and Australian currencies behind their rivals versus the US dollar.
Docket:
8:00 PM ET
Singapore GDP YoY - Forecast: 0.2% | Prior: 0.1%
Singapore GDP QoQ Final - Forecast: -0.6% | Prior: -2.7%
9:00 PM ET
Bank of Korea Base Rate - Forecast is for no change at 3.50%.
Good luck!
