Good Morning Traders!
Here is what to expect.
Sentiment
Britain's largest business group said a year-long slump in the private sector is likely to last at least three more months, indicating that high inflation and interest rates are stifling growth.
Oil rose in a thinly traded summer session, settling above $81 per barrel, as the market adjusted to a significant drop in US crude stockpiles.
A key gauge of services inflation touted by Federal Reserve Chair Powell is expected to rise in figures due Thursday, almost entirely due to the recent stock market rally.
Docket
Speakers
3 AM ET
ECB's Schnabel
3:15 AM ET
Fed's Bostic/BoE's Pill
7:30 AM ET
ECB's Schnabel
Good Luck Today Traders!
