Good Morning Traders!
It is Wednesday 28th of June, here are some things to look out for.
Sentiment
When economic data released on Tuesday revealed unexpected strength in various areas of the US economy, the dollar continued to rise against its peers in the Group of 10, while Treasuries showed little change. The question now is whether Federal Reserve Chair Jerome Powell will stick to his hawkish position when he participates in a panel discussion with other influential central bankers at the ECB event later today in Sintra. European stocks opened firmer, while US equity futures were pressured by report of new curbs on artificial intelligence chip sales to China.
Docket
08:00 AM ET
BoE Quarterly Bulletin
10:30 AM ET
Weekly EIA Inventories
Crude Oil Inventories - Median Forecast -1.5M | Prior -3.831M | Range 1.735M/-3M
16:30 PM ET
US Bank Stress Test Results
Speakers
08:30 AM ET
BoE's Bailey, Governor, ECB's Lagarde, President, Fed's Powell, BoJ's Ueda speak in a panel on policy.
ECB's Enria speaks at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament in Brussels.
11:00 AM ET
ECB President Lagarde gives closing remarks at the opening reception of ECB Forum on Central Banking in Sintra.
11:30 AM ET
SNB's Maechler gives a speach on 'Current economic and financial system challenges.'
12:00 PM ET
ECB's Villeroy speaks at Paris School of Economics conference.
