Morning Juice – US Session Prep

Morning, Traders!
It is Wednesday the 7th of February, here are some things to look out for today.

Sentiment
The dollar was little changed this morning as markets awaited more speaches from Fed policymakers, and Treasury yields rose and equity futures dropped ahead of a record $42 billion 10-year note sale later today.

Docket
08:30 ET
US Trade Balance for December
Median Forecast: -$62 bln | Prior: -$63.2 bln | Range: -$60.4 bln / -$64 bln

10:30 ET
Weekly EIA Crude Oil Inventories
Median Forecast: 2.073M | Prior: 1.234M | Range: 3.2M / -2.7M

13:00 ET
US sells $42 bln 10-Year Notes

13:30 ET
BoC Meeting Minutes

Speakers
11:00 ET
Fed’s Kugler speaks about her outlook for the US economy and monetary policy.
The conversation will be hosted by Brookings.
This will be Kugler’s first speech since joining the Fed’s board.
Text & Q&A are both expected.
Register Here

11:30 ET
Fed’s Collins speaks about the economy at a gathering of the Boston Economic Club.
Text & Q&A are both expected.
Register Here

12:30 ET
Fed’s Barkin will join the Economic Club of Washington, DC, for a conversation about the outlook, the regional economy, and the economic indicators policymakers monitor to guide their decisions.
No text is expected, but there will be a Q&A.
Event Details and Podcast Link

14:00 ET
Fed’s Bowman gives a speech on supporting entrepreneurship and small businesses at a virtual event. Text is expected, but no Q&A.
Register Here

Good luck!