Good Morning Traders! It is Wednesday the 12th of April, another quiet day for releases, with comments from ECB's Lagarde and Panetta expected towards the tail-end.
Here are some things to keep yourself aware of, ahead of today's session.
Sentiment
One of the Federal Reserve's top executives suggested that another rate hike would be necessary to control inflation, while the central bank's newest policymaker suggested that a pause might be in order.
As traders factored in additional monetary easing, China's government bonds continued their current rally, driving the benchmark yield to its lowest level since November.
US Treasury Secretary Janet Yellen dismissed recent banking crises and declared that the economy was doing better than it had been six months before. She added that she didn't think the instability in the banking sector had limited access to credit in the US.
Docket
02:00 AM ET
Norwegian Mainland GDP MoM
Median Forecast 0.0% | Prior 0.2%
Speakers
06:00 AM ET
ECB's Lagarde & Panetta speak
Good Luck Today Traders!
