Daily Market Notes
Three European Events, No Prints, and the Only Hold in a Hiking Week
Three scheduled events stand between Tokyo's close and the New York open, and not one of them is a print: a speech, a "final" August inflation revision, and a Bank of England decision that a prediction market put at 96.75% no-change — three days ago, before the Fed hiked. The ECB went on 10 September, the Fed went yesterday, the BOJ is expected to go tomorrow. The Bank of England is the only hold in a hiking week, and a filter that suspends on impact tags is about to cost you three windows for nothing.