Morning, Traders!
Happy Friday! It is the 24th of November, and US markets close early at 13:00 ET.
Nonetheless, here is what to look out for today.
Sentiment
The dollar sank and is on track for back-to-back weekly losses ahead of the release of PMI data, while long-dated Treasuries declined, driving yields higher as the market caught up after the Thanksgiving break.
The US purchasing managers' index statistics for November are projected to show a little economic expansion.
Docket
08:30 ET
Canadian Retail Sales MoM for September
Median Forecast: 0% | Prior: -0.1% | 0.3% / -0.1%
09:45 ET
US S&P PMI November Flash
Manufacturing - Median Forecast: 49.9 | Prior: 50 | Range: 51 / 40
Services - Median Forecast: 50.3 | Prior: 50.6 | Range: 51.6 / 49.9
Speakers
10:00 ET
ECB'd de Cos Speaks
Good luck!
