After Fed officials did not offer news but still helped the dollar against commodity currencies, the focus moves to Brussels. Finance ministers discuss the Greek case with an ever-growing demand for debt relief from the IMF. They would prefer to keep things stable until after the Brexit referendum, but is it possible. This referendum will be in the limelight in Carney’s testimony in the British parliament. Also watch out for New Home Sales in the US, a good gauge of the wider economy.
Wrap up of the morning show for Tuesday, May 24th: