Good Morning Traders! It is Tuesday the 28th March, a quiet release day, with comments from BoE's Bailey expected.
Nevertheless, here are some things to look out for ahead of today's session.
Sentiment
Governor of the Federal Reserve Philip Jefferson stated that the institution would work to combat high inflation without further harming the US economy.
Prices in UK stores grew at the greatest rate on record this month in an indication the cost-of-living problem is far from over.
Sustainable inflation has yet to be achieved in Japan, but the nation is no longer in a deflationary state, Bank of Japan Governor Haruhiko Kuroda says.
According to those with knowledge of the situation, Isabel Schnabel, a member of the European Central Bank's Executive Board, pushed for this month's decision statement to hint at potential interest-rate increases in the future.
Oil experienced its greatest daily gain since October as fears about the banking crisis were eased by an interruption in supplies from Turkey.
Docket
7:00 AM ET
BoE Quarterly Bulletin
Speakers
3:35 AM ET
ECB's Enria Speaks on "How is the EU Banking Supervision process changing?"
4:45 AM ET
BoE's Bailey testifies on SVB
Best of Luck Today Traders!
