Good Morning Traders!
It is Tuesday 13th of June, today we get the US Inflation Print, here are some other things to look out for.
Sentiment
According to Economists, Federal Reserve officials hoping to suspend their tightening drive this week will be helped by consumer price index data.
Small-business confidence in the United States remained around a decade low in May, owing to pessimistic views on sales, the economy, and financing conditions.
One of Canada's top commercial lenders has cautioned that the Bank of Canada would have to maintain interest rates higher for longer unless governments do more to reduce expenditure.
Docket
08:30 AM ET
US CPI Data for May
YoY - Median Forecast 4.1% | Prior 4.9% | Range 4.3%/4%
MoM - Median Forecast 0.2% | Prior 0.4% | Range 0.3%/0%
US Core CPI for May
YoY - Median Forecast 5.2% | Prior 5.5% | Range 5.4%/4.9%
MoM- Median Forecast 0.4% | PPrior 0.4% | 0.5%/0.1%
OPEC Monthly Report
11:30 AM ET
US Sells $38 bln of 52-week Bills
1:00 PM ET
US Sells $18 bln of 30-year Bonds
Speakers
10:00 AM ET
BoE's Gov. Bailey Speaks - Testifying to the House of Lords economic affairs committee about how independence is working for the central bank.
11:00 AM ET
BoE's Dhingra Speaks - Speaking at the Manchester Metropolitan University
Good Luck Today Traders!
