Fed Speakers and Oil Rig Data Key on Friday

As we head into the end of the trading week, attention will remain on a few familiar topics that have dominated recently, the Federal Reserv...

As we head into the end of the trading week, attention will remain on a few familiar topics that have dominated recently, the Federal Reserve, Oil and the aftermath of the ECB response, or lack of, to new lower inflation and growth forecasts. There may be no US economic data of note on Friday but we will hear from a few Fed policy makers, two of which are voting members on the FOMC this year, throughout the session. Daniel Tarullo, Eric Rosengren and Robert Kaplan will all make an appearance today and offer their views on how the economy is performing and whether a rate hike this year remains the correct course of action given last Friday’s mediocre jobs report and the very disappointing ISM PMI numbers.

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