Heads up: Fed chair Powell to speak later in the day
News brief
US markets will offer some pretty interesting stuff on the calendar this week. As we transition from March to April, the labour market data will come back into the picture this week. That will keep markets on edge, having already to watch for the happenings in the Middle East still.But to start things off, Fed chair Powell will…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
US markets will offer some pretty interesting stuff on the calendar this week. As we transition from March to April, the labour market data will come back into the picture this week. That will keep markets on edge, having already to watch for the happenings in the Middle East still.But to start things off, Fed chair Powell will… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
