Morning Traders!
It is Monday the 6th of November, on this quiet start to the week, here are some things to look out for today.
Sentiment
The dollar stumbles to a six-week low as investors continue to interpret the Federal Reserve’s interest-rate outlook as bearish.
US Treasuries slip as market participants pause their buying spree after the Fed last week suggested that it may be done with rate rises.
Investors await a speech by Fed Board member Lisa Cook later in the day for more clues into the central bank’s outlook on rates.
Federal Reserve Bank of Atlanta President Bostic, who’s been among the most dovish Fed policymakers, said last week that officials have time to watch how the economy is evolving and be patient over any interest-rate moves.
US Treasury Secretary Yellen and her Chinese counterpart will hold two days of talks in San Francisco this week - a step toward more-normal ties before a long-anticipated meeting between the leaders of the world’s two top economies
Docket
11:30 ET
US sells $75 bln 3-Month Bills
US sells $68 bln 6-Month Bills
Good luck!
