This morning the calendar is concerned with Eurozone Flash CPI readings which are expected to fall to 0.1% from 0.3%. In the afternoon, Canadian GDP is expected to fall to -9.0% from 0.0%. US Personal Spending is forecast to fall to -12.6% from -7.5%. After that, Chicago PMI is forecast to rise to 40.1 from 35.4. FED Chair Powell is due to participate in a virtual panel discussion at Princeton University's Griswold Center for Economic Policy Studies, in New Jersey. US President is also expected to hold a press conference about China, in Washington DC today.
...Read More