Good Morning, Traders!
It is Tuesday the 28th of November, here are some things to look out for today.
Sentiment
The dollar fell for the fourth consecutive day before reversing this morning, as investors believe US interest rates have peaked.
Treasuries changed little.
Later in the day, investors will listen to speeches by Federal Reserve officials such as Governor Michelle Bowman, Chicago Fed President Goolsbee, and Governor Waller for more clues on when the Fed may begin cutting rates.
Docket
10:00 ET
US CB Consumer Sentiment
Median Forecast: 101 | Prior: 102.6 | Range: 107 / 97.9
11:30 ET
US Sells $44 in 52-Week Bills at Auction
13:00 ET
US Sells $39 in 7-Year Notes at Auction
Speakers
10:00 ET
Fed's Goolsbee delivers welcoming remarks at the bank's Midwest Agriculture Conference.
Fed's Waller speaks on the economic outlook in a moderated discussion at the American Enterprise Institute.
10:45 ET
Fed's Bowman speaks on monetary policy and the economy at the Utah Bankers Association and Salt Lake Chamber Breakfast.
Both text and Q&A are expected.
11:00 ET
ECB's Lagarde Pre-recorded video address at 2023 European Financial Reporting Advisory Group Conference "European corporate reporting - Two pillars of success" in Brussels, Belgium.
12:00 ET
BoE's Haskel speaks at Warwick University on ‘UK inflation: how did we get here and where are we going?’.
Text is expected.
13:30 ET
ECB's Lane gives a lecture at Michael Chae Seminar on Macroeconomic Policy organised by Harvard University in Cambridge, USA.
14:30 ET
Fed's Paese participates in a moderated discussion about FedNow with Federal Reserve Financial Services Chief Payments Executive Mark Gould.
No text is expected, but there will be a Q&A.
15:30 ET
Fed's Barr speaks.
Good luck!