Classical Monday

On the economic calenday:-

08:30 Empire State Manufacturing Survey (Consensus 0.0 - Prior -5.22)

09:00 Treasury International Capital

11:00 4 Week Bill Announcement

11:30 3 Month Bill Auction

6 Month Bill Auction

13:00 2 Year Note Auction

Operation Twist:-

10:15 - 11:00 Fed Outright Treasury Coupon Purchases up to $5.25 billion

Speaking today:-

09:30 ECB President Draghi

11:00 FOMC Member Stain

12:30 FOMC Member Lacker

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