Morning, Traders!
It is Monday the 11th of December, we have a quiet start to a bust week for US data, but here are some things to look out for today.
Sentiment
The yen fell by up to 1% against the dollar following a dovish Bank of Japan report.
The dollar and other major currencies traded in a narrow range ahead of a busy week that includes US inflation data and the Federal Reserve's year-end meeting.
Global equities rose modestly at the start of a busy week of economic data and central bank meetings that will put to the test investors' belief that interest rates will soon fall.
Traders are anticipating US inflation data on Tuesday, a Federal Reserve policy decision on Wednesday, and retail sales data on Thursday. Policy announcements from the European Central Bank and the Bank of England add to an already packed calendar this week.
Docket
11:30 ET
US sells $50 billion 3-year notes
US sells $68 billion in 6-month bills
13:00 ET
US sells $37 billion in 10-year notes
US sells $75 billion in 3-month bills
Good luck!
