The Fed minutes sided with the hawks, placing a hike on the table this summer, either in June in July. This strength will be tested by speeches from No. 2 and No. 3 at the Fed, Fischer and Dudley respectively. Dudley has echoed Yellen’s dovish words, so hawkish words from him could confirm the shift in sentiment. Weekly jobless claims are also worth noting after the worrying rises. Busy times for markets.
Wrap up of the morning show for Thursday May 19th 2016: