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FOMC minutes eyed - Westpac

FXStreet (Bali) - Sean Callow, FX Strategist at Westpac, walks us through the main events ahead for Wednesday, flagging the FOMC minutes as the key risk event.

Key Quotes

"Australia’s calendar is quiet. Mainland China’s markets reopen after being closed for a week. The Sep services PMI for China is released by HSBC at 12:45pm Syd/9:45am local; it was 54.1 in Aug. Japan releases Aug BoP data, with a small surplus expected but trade deficits persisting."

"Chicago Fed president Evans (consistent dove) is listed to speak early NY. The minutes from the FOMC’s 16-17 Sep meeting are due in the NY afternoon. These are likely to provide a contrast with Evans’ comments, as the regional Fed hawks (Plosser, Lacker, Fisher, Mester, George) are more prominent in the minutes than the statement where only voters are included."

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