It is Friday the 20th of January, here are some things to look out for today
This morning, the dollar edged higher, and yields on treasuries and European bonds rose in response to policymakers' hawkish comments, with the focus shifting to supply next week.
European stocks recovered after suffering their first daily loss in seven sessions yesterday, while US equity futures were stable to higher.
The lunar new year holidays will disrupt trading across many Asian markets next week.
Fed officials, encouraged by a slowing in inflation, are poised to slow the pace of their interest-rate hikes for the second straight meeting and debate how much more they need to tighten to bring prices under control.
Mitch McConnell, the Republican leader in the Senate, dismissed concerns about the US government defaulting on its obligations later this year, when the Treasury Department may run out of funds.
The downturn in the world's largest asset class has spread from the housing market to commercial real estate, threatening to send shockwaves through the economy.
Businesses in the United States renewed their call for the administration to lift tariffs on Chinese goods imposed during the Trump administration.
8:30 AM ET
Canadian Retail Sales MoM for November
Median Forecast: -0.5% | Prior: 1.4% | Range: 9% / -0.6%
10:00 AM ET
US Existing Home Sales for December
Median Forecast: 3.95M | Prior: 4.09M | Range: 4.1M / 3.79M
9:00 AM ET
Fed's Harker discusses the economic outlook during a New Jersey bankers forum.
Text and Q&A are both expected.
10:30 AM ET
ECB's Elderson speaks at an ECB financial services roundtable.
1:00 PM ET
Fed's Waller speaks at the council on foreign relations in New York.