It’s been a quiet session, but not anymore as we have a series of high-impact economic events ready to be released during the US session.

• Prelim GDP q/q – The figures are releasing two hours from now (14:30 GMT). Fellas, the figure is expected to be 3.6% and it has the potential to shake the market. Be there to encash an opportunity.
• Crude Oil Inventories – EIA is releasing stockpile report at 18:00 (GMT). While the market is anxiously waiting for it to determine if it’s worth buying oil futures or not. We will see buying in crude oil if EIA reports a draw in inventories rather than build.
• Fed Chair Powell Speaks – As we discussed in the morning brief, chances are we won’t have something new from Powell, but still it’s worth the time. Traders will be there at 18:00 (GMT) for any clues about FED’s next move in 2019.