?The financial calendar is light today with FED rate expectations dominating the moves in the market overnight.Yesterday Fed’s Dudley said that the US economy could stand a rate rise in June or July, however he also said that the UK referendum poses a risk to the fed’s rate outlook. On the data front, UK CBI trends total orders is the only data to be released in European session. Canada will release retail sales and CPI later in the day. US will release existing home sales.
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