Wednesday will be a big day for economic data and Fed speakers ...Middle East

Wednesday is a big one on the US economic calendar with (all times ET):8:15 ADP Employment Change exp 148k9:45 S&P Global US Services PMI exp 51.7 prelim10:00 ISM services 52.7 expWe will hear from more Fed speakers on Wednesday:8:30 - Bostic on CNBCNoon - Goolsbee12:10 pm - Powell (text release)1:10 pm - Barr4:30 pm - Kugler (text release)The market is currently pricing in 69 bps in cuts this year with June at 65% (ticking higher on today's FOMC comments). This article was written by Adam Button at www.forexlive.com.

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