Morning Juice – US Session Prep

Good Morning Traders.
It is Tuesday, the 6th of February, and here is what to look out for today.

Sentiment
The dollar was little changed this morning as traders awaited comments from a number of FOMC members during the US session today, to see if they give away any clues on the future path of interest rates.
The Australian dollar outperformed the G-10 currencies after the RBA held rates at 4.35%, but noted that it could not rule out more rate increases.

The global bond market steadied after the largest 2-day sell-off in months, and US equities struggled for direction amid mixed earnings reports.

Docket
08:30 ET
Canadian Building Permits for December
Median Forecast: 2% | Prior: -3.9% | Range: 3.2% / -1.1%

11:00 ET
NY Fed Quarterly Household Credit Report

12:00 ET
EIA Short-Term Energy Outlook Report

13:00 ET
US sells $45 Bln in 3-Year Notes at Auction

Speakers
12:00 ET
Fed’s Mester gives a speech on the economic outlook in Columbus, OH.
Text and Q&A are expected.
Registration Closed

12:45 ET
BoC’s Governor Macklem speaks on the effectiveness and limitations of monetary policy.
Text is expected.
Watch Here

13:00 ET
Fed’s Kashkari participates in a moderated Q&A as part of a Greater Mankato Growth luncheon.
Q&A expected.
Registration by Email

14:00 ET
Fed’s Collins delivers opening remarks during the second day of a Fed conference on “Uneven Outcomes in the Labor Market.”
Text is expected but no Q&A.
Register Here