Morning, Traders!
It is Friday the 17th of November, here are some things to look out for today.
Sentiment
The dollar fell and Treasuries rose as markets anticipated future policy shifts by global central banks.
The pound recovered losses after cooling retail sales data prompted traders to increase their bets on the Bank of England cutting interest rates, while the Japanese yen led Group-of-10 gains.
Brent crude has fallen below $80 per barrel.
According to a senior official at the Federal Reserve Bank of New York, the factors driving investors to demand higher payouts on Treasury securities could help predict how long they will last and the impact they will have on the economy.
Fed Vice Chair Jefferson and two other Fed governors told a US senator that, while the size of the central bank's balance sheet is uncertain, holdings could still fall "considerably further."
Docket
08:30 ET
US Housing Starts Number for October
Median Forecast: 1.35M | Prior: 1.358M | Range: 1.43M / 1.25M
Canadian PPI MoM for October
Median Forecast: 0% | Prior: 0.4% | Range: 0.4% / -0.6%
Speakers
08:00 ET
ECB's Nagel speaks at the Frankfurt EBC Conference
Registration for the event is closed.
08:10 ET
BoE's Ramsden delivers a keynote speech at the Society of Professional Economists Annual Conference
Event Details Here
08:15 ET
ECB's Wunsch & BoE's Greene speaks at the Frankfurt EBC Conference
Registration for the event is closed.
08:45 ET
Fed's Collins delivers welcoming remarks at the bank's economic conference on "Rethinking Full Employment."
Q&A: No.
Watch Here
Fed's Barr speaks on payments at the Clearing House's annual conference.
Q&A: Yes, from a moderator.
Register Here
09:30 ET
Fed's Daly delivers the closing keynote at the 33rd Frankfurt European Banking Congress.
Text: Yes.
Q&A: Yes, with the audience.
Watch Here
09:45 ET
Fed's Goolsbee speaks about the economy at the bank's Annual Community Bankers Symposium.
Text: Yes.
Watch Here