It has been a little bit of a grind in markets this week and, judging by the financial calendar, right now shall be extra of the identical. There isn’t any financial knowledge due however we’ve the weekly EIA oil stock knowledge and a seven-year be aware public sale.
The spotlight shall be a speech on the financial outlook from Fed Governor Waller however that is not till 6 pm ET (10 pm in London).
Within the meantime, Treasury yields are 1 bps decrease and S&P 500 futures are 0.3% increased as they appear to erase the late swoon yesterday. Flows will dominate so eyes shall be on the London repair as we rely all the way down to month-end.
