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What are the main events for today?

investinglive.com · 13dShare

EUROPEAN SESSION In the European session, we don't have much on the agenda other than a couple of low tier releases like the Italian Industrial Sales and Swiss Economic Sentiment Index that won't change anything for the respective central banks. The price action is being driven by renewed escalation in the Middle East as Iran fired ballistic missiles towards US bases in a "surprise attack". All missiles and drones have been intercepted. Keep in mind that it's month-end, we might have risk-off to start the day and there might be hedging activity into the FOMC, so I wouldn't read too much into the price action unless there's a clear catalyst. AMERICAN SESSION In the American session, the only highlight is the FOMC rate decision. The Fed is expected to keep interest rates unchanged but with a couple of dissenters voting for a rate hike at this meeting already (Fed's Logan and/or Fed's Hammack). There's unlikely to be forward guidance and Fed Chair Warsh will likely remain vague again. At

First report: What are the main events for today? — investinglive.com, 15d