Good Morning Traders! It's the end of a varied week for the European Session, topping it off with German Industrial Production figures.
Here is what to expect.
Sentiment
Lorie Logan, president of the Federal Reserve Bank of Dallas, predicted that additional interest rate rises would likely be required to promote real deflation and return price growth rates to the aim set by the central bank.
As annual pay increases filtered into monthly data, salaries for Japanese workers increased by more than twice the rate predicted by experts, providing the central bank with a signal that the upward trend in pay may be increasing.
A barometer of global yields has climbed to its highest level since 2008, putting pressure on bond markets far from American shores as a result of persistently robust US employment.
In recent weeks, as tensions between the two largest economies in the world have increased, US audit officials have begun a new wave of inspections of Chinese companies listed on the New York Stock Exchange.
On Friday afternoon, US Treasury Secretary Janet Yellen will meet with Chinese Premier Li Qiang in Beijing as she kicks off two days of negotiations meant to normalise relations between the two biggest economies in the world.
Docket
02:00 AM ET
German Industrial Production MoM
Median Forecast 0.0% | Prior 0.3% | Range 1.0%/-1.3%
German Industrial Production YoY SA
Median Forecast 0.5% | Prior 1.75% | Range 2.3%/-0.5%
Speakers
04:30 AM ET
ECB's de Guindos Speaks
Good Luck Today Traders!
