Good Morning Traders!
It is Friday 16th of June, here are some things to look out for.
Sentiment
Fears of mounting economic damage are threatening to overshadow the next round of interest-rate hikes that central bankers from Washington to Frankfurt have all but promised.
Former Treasury Secretary Lawrence Summers stated that based on internal dynamics at the US central bank, Federal Reserve policymakers appeared to settle on an inconsistent set of actions this week.
Last quarter, temporary worker demand was the lowest in more than two years, potentially signaling the end of a strong labor market that has shown signs of cooling in some industries.
Docket
10:00 AM ET
University Michigan Sentiment Prelim - Median Forecast 60 | Prior 59.2 | Range 63/57
University Michigan 1 Yr Inflation Prelim - Median Forecast 4.1% | Prior 4.2% | Range 4.2%/4%
University Michigan 5 Yr Inflation Prelim - Median Forecast 3% | Prior 3.1% | Range 3.1%/3%
Speakers
8:00 AM ET
ECB's Villeroy Speaks
9:00 AM ET
Fed's Barkin Speaks - Speaking on inflation
1:10 PM ET
ECB's President Lagarde Speaks - Speaking in a fireside chat at the G30 dinner
Good Luck Today Traders!
