More US data and Fed speak to keep markets interested as the week winds down

The two key releases above will be ones to watch but after the bigger ones yesterday, it might be a tall order to trigger markets into moving really. As mentioned here, it seems that the bar is relatively low now for the Fed to move by 25 bps. And for a pause next month, the threshold for that seems high as it would need all data releases to point in that direction.

Besides the PPI and University of Michigan survey, there will be more Fed speak on the agenda as well. You can check out Eamonn’s post here for the schedule. Perhaps that could get markets moving more than the data at this point, depending on what we will see/hear.

This article was written by Justin Low at www.forexlive.com.