Good Morning Traders! This Wednesday we get the Credit Suisse survey expectations.
Here is what to expect.
Sentiment
Australia's monthly inflation rate increased in line with global trends and increasing oil costs, supporting the Reserve Bank's decision to raise rates at least once more.
Despite slow movement on competing funding measures late Tuesday in the House and Senate, the US is on track for an October 1 government shutdown.
According to minutes from the July meeting released on Wednesday, one member of the Bank of Japan Policy Board suggested that it might be possible to determine if the bank's long-sought inflation target has been met during the first quarter of 2024.
According to Governing Council member Robert Holzmann, it's uncertain whether the European Central Bank has increased borrowing prices to their high, and more increases cannot be ruled out given the continuance of inflation.
According to former Reserve Bank CEO Ian Macfarlane, a planned change of Australia's central bank will significantly reduce the governor's authority and jeopardise the institution's existence.
Oil increased as a tightening market offset dollar gains and a broader risk-off mood brought on by the expectation of rising interest rates.
Docket
02:00 AM ET
German Gfk Consumer Sentiment
Median Forecast -26| Prior -25.5
04:00 AM ET
Credit Suisse Survey Expectations
Speakers
08;00 AM ET
ECB's Enria Speaks
Good Luck Today Traders!
