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US Open – Yellen Speech and Inflation Data Key
U.S. futures are treading water ahead of the open as traders take cover in the run up to what could be a volatile final session before the bank holiday weekend. The Friday before the bank holiday weekend can quite often be a little lighter on trading volume with traders using the opportunity to take an extended break but with all of the events scheduled today, I expect there to be more activity than normal. There are several central bank heads scheduled to speak at events today which means there’s a big risk of increased volatility across all markets. Bond markets are only just starting to settle following a ... (full story)