Its a big day coming up Thursday – Federal Reserve Chair Powell speaking

After a more or less dead Asia session on Wednesday I was speaking with someone who reminded me Powell is to speak on Thursday.

Oh nos …. this could put a dampener on the session here also (typing this with hopes its a ‘famous last words’ sort of thing).
Fed Chair Powell speak Thursday 4 March 2021
  • at 17.05 GMT
  • at a Wall Street Journal event
  • he will be discussing the US economy
  • he will not speak from a prepared text, its a Q&A session
I suspect he will stick very much to his recent script and we will not get anything at all new from him. So don’t hold back today, no need to wait!
After a more or less dead Asia session on Wednesday I was speaking with someone who reminded me Powell is to speak on Thursday.