US Treasury Sec. Yellen: Will be meeting with senior bankers on debt ceiling next week

US Treasury Secretary Janet Yellen said on Friday that “they will be meeting with senior bankers on debt ceiling next week.”

Additional quotes

“Will be meeting with senior bankers on debt ceiling next week.”

“Working full-time to work with Congress to raise debt ceiling.”

“If Congress fails, we face financial and economic catastrophe.”

FX option expiries for May 12 NY cut

FX option expiries for May 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1100 896m 1.1050 696m 1.1020 567m -
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USD/JPY: Risks remain tilted to the downside – UOB

Downward bias continues to pick up pace in USD/JPY comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes 24-hou
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