It’s going to be a boring day in terms of data releases as we don’t have anything on the agenda other than the NY Fed Inflation Expectations survey. Since the UMich survey gets trashed because of the political bias, we’ll see if long term inflation expectations are increasing in this survey as well.
Anyway, the data this month is going to be ignored because it’s old news. We’ve already seen how the market disregarded the US CPI, PPI and the incredibly ugly UMich report last week. The focus remains on tariff negotiations and particularly on the US-China developments.
Central bank speakers:
- 16:00 GMT/12:00 ET – Fed’s Barkin (neutral – non voter)
- 17:00 GMT/13:00 ET – Fed’s Waller (neutral – voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
