Morning, Traders!
It is Wednesday the 27th of September, here are some things to look out for today.
Sentiment
Treasury yields & German government benchmarks have fallen from their highest levels in decades this morning.
The dollar index hit a nine-month high on speculation that the US currency's real-yield advantage will grow as the Federal Reserve maintains its restrictive policy.
A US government shutdown would have a cascading economic impact, beginning mildly and deepening over time as millions of workers go without pay, private contractors are not paid, and consumer uncertainty about Washington's dysfunction grows.
According to a report, high food prices continue to affect consumers six months after an expanded US government assistance program ended.
Docket
8:30 AM ET
US Durable Goods August Prelim
Median Forecast: -0.5% | Prior: -5.2% | Range: 2% / -3.2%
US Core Durable Goods
Median Forecast: 0.2% | Prior: 0.4% | Range: 0.8% / -0.4%
9:00 AM ET
SNB's Quarterly Bulletin
10:30 AM ET
Weekly EIA Inventories
Crude Oil - Median Forecast: 0.9M | Prior: -2.136M | Range: 2.5M / -4M
1:00 PM ET
US sells $49 bln 5-Year Notes
Speakers
8:00 AM ET
ECB's Enria speaks in a panel at the Analysis Forum "Rischi e sfide per il settore bancario europeo" in Milan, Italy.
Fed's Kashkari Speaks in a CNBC interview.
12:45 PM ET
SNB's Jordan speaks in Lausanne
Good luck!
