US: Fed speak will be the predominant driver for risk sentiment - TDS

Analysts at TDS suggest that in today’s session Fed speak will be the predominant driver for risk sentiment amid a slate of speakers and empty data calendar.

Key Quotes

“Brainard will be the first governor to speak since the May FOMC when she takes to the podium at 19:30 ET in the evening. Brainard will be speaking on the topic of “Economic Inclusion” but an audience Q&A may provide an opportunity to speak about balance sheet reduction.”

“We will also hear from the Philadelphia Fed’s Harker (voter, hawk), who will speak about “the link between physical and economic wellbeing” at 10:00 ET and Kashkari (voter, dove), who will deliver the opening remarks at the Minneapolis Fed Conference.”