Market Overview and Anticipation for Fed Governor Waller's Upcoming Economic Outlook Speech

Wednesday, 27 March 2024, 12:28

Today's market focus revolves around anticipation for a speech by Fed Governor Waller on the economic outlook. While devoid of economic data releases, key events include the EIA oil inventory data and a seven-year note auction. Market participants are closely monitoring Treasury yields and S&P 500 futures. Flows in the market are expected to dictate movement until Waller's speech.
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Market Overview and Anticipation for Fed Governor Waller's Upcoming Economic Outlook Speech

Market Events Today

It's been a bit of a grind in markets this week. Today, there is no economic data due but notable events include:

  • EIA oil inventory data
  • Seven-year note auction

Anticipation for Fed Governor Waller's Speech

The highlight of the day will be a speech by Fed Governor Waller on the economic outlook. The speech is scheduled for 6 pm ET (10 pm in London), causing market participants to closely monitor Treasury yields and S&P 500 futures until then.

Flows in the market are expected to be crucial, with all eyes on the London fix as the month-end approaches.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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