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BONDS – Treasuries spiked higher following Bank of Japan’s dovish monetary pledge comments.
COMMODITIES – U.S. crude futures CLc1 were seen averaging $67.32 a barrel in 2018, compared with $66.79 forecast last month and an average of $66.16 until now. This is the 10th consecutive month in which analysts have raised their oil price forecasts.
CURRENCIES – The dollar was flat against a basket of currencies but looks likely to snap a three-month streak of gains as markets have more or less priced in two more Fed rate hikes this year. The greenback had rallied more than 5 percent in the second 2018 quarter.
ECONOMIC DATA – U.S. Personal Spending m/m and CAD GDP due at 8:30, Chicago PMI at 9:45, CB Consumer Confidence at 10:00 ET.
