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Fed Speeches and Earnings in Store on Friday

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Friday starts off with a rush of big bank earnings, an important retail sales report and comments from the now more hawkish president of the Boston Fed, one of three dissenters at the last FOMC meeting.

In the afternoon, markets will also hear from Fed Chair Janet Yellen, who speaks at a Boston Fed conference at 1:30 p.m. EDT. Boston Fed President Eric Rosengren appears on CNBC at 7:30 a.m. EDT and then makes opening remarks at the Boston Fed’s 60th annual economic conference.

Fed watchers expect Rosengren’s comments to be the potentially more interesting of the two. Rosengren has gone from being viewed as one of the dovish members of the Fed to a more hawkish one.

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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