Morning Juice – US Session Prep

Morning, Traders!
It is Thursday the 25th of January, here are some things to look out for today.

Sentiment
This morning, the dollar remained stable as traders awaited key US economic data, including fourth-quarter GDP and initial jobless claims.
The euro was little changed against the greenback ahead of a European Central Bank meeting this morning that’s expected to keep borrowing costs on hold and could see policymakers pushing back against rate-cut expectations.

Docket
08:30 ET
US GDP QoQ Q4 Advance
Median Forecast: 2% | Prior: 4.9% | Range: 2.5% / 1%

US Durable Goods December Prelim
Median Forecast: 1.5% | Prior: 5.4% | Range: 4.7% / -3.8%

US Weekly Jobless Claims
Initial Claims – Median Forecast: 200K | Prior: 187K | Range: 210K / 175K
Continued Claims – Median Forecast: 1.82M | Prior: 1.806M | Range: 1.845M / 1.73M

08:45 ET
ECB Press Conference with Pres. Lagarde following the ECB Interest Rate decision.

10:00 ET
US New Home Sales (Units) for December
Median Forecast: 0.649M | Prior: 0.59M | Range: 0.7M / 0.602M

11:30 ET
US sells $90 bln 4-Week Bills

13:00 ET
US sells $41 bln 7-Year Notes

Earnings
16:00 ET
Intel Q4 2023 Earnings
Est. EPS 46c
Est. Rev $15.11 bln

16:05 ET
Visa Q1 2023 Earnings
Est. EPS $2.34
Est. Rev $8.57 bln

Good luck!