It is Wednesday the 31st of May, and we get the first of three US jobs reports this week.
Here are some things to look out for today.
The dollar rose against all of its Group-of-10 counterparts this morning, while the euro fell to its lowest level in more than two months.
Eurozone government bonds rallied across the curve after inflation figures for a German state and France came in lower than expected. Still, they were slightly pared after similar data for Italy exceeded expectations.
Traders reduced their bets on the European Central Bank raising interest rates further and no longer fully price in an additional 50 basis points this year.
The debt-limit agreement reached by President Biden and Speaker McCarthy is set to be voted on today in the House of Representatives, after clearing a critical procedural hurdle with only days to avoid a US default.
8:30 AM ET
Canadian GDP QoQ Annualized for Q1
Median Forecast: 2.5% | Prior: 0% | Range: 4.2% / 1.2%
9:45 AM ET
US Chicago PMI for May
Median Forecast: 47.2 | Prior: 48.6 | Range: 49.2 | 44.7
10:00 AM ET
US JOLTS Job Openings for April
Median Forecast: 9.4M | Prior: 9.59M | Range: 9.36M / 9.04M
2:00 PM ET
Fed's Beige Book
9:50 AM ET
Fed's Collins & Fed's Bowman gives opening remarks at the "Fed Listens" event hosted by Boston Fed.
9:15 AM ET
BoE's Mann speaks at Zurich's Pictet Family Forum ‘Central banks, inflation, monetary policy’.
11:00 AM ET
SNB's Chairman Jordan Speaks
12:20 PM ET
Fed's Collins gives closing remarks at the "Fed Listens" event hosted by Boston Fed.
12:30 PM ET
Fed's Harkers has a fireside chat on the global macroeconomy and monetary conditions at the Official Monetary and Financial Institutions Forum in Philadelphia.
Text: No. Audience Q&A: Yes. Media Q&A: No. Livestream: Yes.
NOTE: Event Time: 12:30 p.m. ET. Speech Time: 1:30 PM ET.
1:30 PM ET
Fed's Jefferson speaks about financial stability and the US economy at the 22nd Annual International Conference on Policy Challenges for the Financial Sector.
Text: yes. Q&A: no.
Good luck today, Traders!