The FOMC Meeting Minutes will summarize the reasoning behind their last meetings monetary policy decisions, to keep rate unchanged, providing insight into the factors which they took into consideration before making their decision. Overall the meeting minutes will serve as a guide as to which economic release and indicators to keep an eye on going forward. Also, worth noting are the speeches by two prominent FOMC members who will try and steer markets through the upcoming release, softening the blow were possible by front running the minutes. The JOLTS figure will also be relatively important as the news starved markets look for further clues as to the health of the economy with better than expected data likely to result in an uptick in USD and visa versa for worse than expected data.
Today's key economic releases are as follows:
- MPC Member Cunliffe Speaks
- FOMC Member Dudley Speaks
- FOMC Member George Speaks
- FOMC Meeting Minutes
- JOLTS Job Opening expected at 0.1%
- Trade Balance expected at 365B