Morning Juice – US Session Prep
Daily Dose, US

Morning Juice – US Session Prep

Morning, Traders!
It is Thursday the 15th of February, here are some things to look out for today.

Treasuries rose this morning while the dollar underperformed against it’s G-10 peers.
The Yen leads FX gains, with the pound underperforming following UK growth data that confirms a mild recession.

US stock futures gained after a recovery pushed the S&P 500 back above the $5000 level, with investors bracing for the next round of economic data that could give clues on the future path of Fed policy rates.

08:15 ET
Canadian Housing Starts Annualized for January
Median Forecast: 235K , Prior: 249.3K , Range: 260K / 221.1K

08:30 ET
Weekly US Jobless Claims
Initial – Median Forecast: 220K , Prior: 218K , Range: 230K / 210K
Continued – Median Forecast: 1.88M , Prior: 1.871M , Range: 1.9M / 1.85M

New York Fed Manufacturing for February
Median Forecast: -13.8 , Prior: -43.7 , Range: 1.1 / -27

US Retail Sales for January
MoM – Median Forecast: -0.2% , Prior: 0.6% , Range: 0.3% / -1.2%
Core MoM – Median Forecast: 0.2% , Prior: 0.4% , Range: 0.7% / -0.4%

09:15 ET
US Industrial Production MoM for January
Median Forecast: 0.2% , Prior: 0.1% , Range: 0.9% / -0.4%

US Capacity Utilization for January
Median Forecast: 78.8% , Prior: 78.6% , Range: 79.2% / 78.3%

10:00 ET
US Business Inventories MoM for December
Median Forecast: 0.4% , Prior: -0.1% , Range: 0.6% / 0.3%

NAHB Housing Market Index
Median Forecast: 46 , Prior: 44 , Range: 48 / 43

11:30 ET
The US Sells $95 Bln in 4-Week Bills at Auction

08:50 ET
BoE’s Mann speaks as a panellist at the 40th Annual National Association for Business Economics (NABE) Economic Policy Conference in Washington on “Labor, investment and technology: assess the drivers of productivity growth”.

13:00 ET
ECB’s Nagel gives a speech on Stability and prosperity in Europe at Munich Europe Conference.

13:15 ET
Fed’s Waller gives remarks on the dollar’s international role at the Global Interdependence Center and University of the Bahamas Conference in Nassau, Bahamas. Both text and Q&A are expected.

13:40 ET
RBNZ’s Orr will speak about “the changing drivers of inflation over the past couple of years and the shift from transitory to more stubborn underlying inflation” at NZ Economics Forum.