XJO 0.34% 7,796.0 s&p/asx 200

The US market could heat up around 2-3am our time, when the fed...

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    The US market could heat up around 2-3am our time, when the fed again talks about his stimulus measures.

    Around noon, Federal Reserve Chair Jerome Powell is scheduled to begin testifying before the House Financial Services Committee. Powell's prepared remarks are likely to mirror those he delivered before the Senate Banking Committee on Tuesday, where Powell said "significant uncertainty remains about the timing and strength of the (U.S.) recovery". Traders will keep a keen eye on the question-and-answer portion of his testimony.
 
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