It is Wednesday the 25th of January, here are some things to look out for ahead of today's session
The dollar index was flat this morning, while Treasuries rose alongside Gilts after a UK gauge of factory price inflation eased.
After Australia's inflation accelerated to the fastest rate in 32 years, the Australian dollar jumped to a five-month high, and bonds reversed early gains.
European equity markets fell for the second day in a row, while US equity futures fell.
The Bank of Canada led its peers in a series of exorbitant interest-rate hikes last year and may now be the first to stop, though doing so will present a communications challenge for Governor Macklem.
According to people familiar with the discussions, Federal Reserve Vice Chair Lael Brainard is the frontrunner to lead the White House's National Economic Council.
10:00 AM ET
BoC Rate Decision - Median Forecast 25bps Hike to 4.5% | Prior 4.25%
Monetary policy Report
10:30 AM ET
EIA Crude Oil Inventories - Median Forecast 1.5M | Prior 8.408M | Range 4.628M/-4M
1:00 PM ET
US sells 43 bln 5-Year Notes
11:00 AM ET
BoC's Gov. Macklem Press Conference
4:00 PM ET
IBM Q4 2022 Earnings
Estimated EPS: $3.58
Estimated Revenue: $16.378 Bln