Morning Juice – US Session Prep

Morning, Traders!
Happy Friday! It is the 16th of February, here are some things to look out for today

Sentiment
Treasuries are down across the curve, the dollar is little changed, and US stocks are higher ahead of the highly anticipated US PPI report.
PPI is under even closer scrutiny than usual today, following Tuesday’s hotter-than-expected US CPI print, which reset traders bets on Fed rate cuts this year.

Docket
08:30 ET
US PPI for January
YoY – Median Forecast: 0.6% | Prior: 1% | Range: 0.9% / 0.4%
MoM – Median Forecast: 0.1% | Prior: -0.1% | Range: 0.3% / -0.1%
Core YoY – Median Forecast: 1.6% | Prior: 1.8% | Range: 1.9% / 1.5%
Core MoM – Median Forecast: 0.1% | Prior: 0% | Range: 0.4% / 0%

US Housing Starts Number for January
Median Forecast: 1.46M | Prior: 1.46M | Range: 1.505M / 1.334M

10:00 ET
University of Michigan February Preliminary Sentiment
Sentiment Prelim – Median Forecast: 80 | Prior: 79 | Range: 85 / 74.2
1-Year Inflation Expectations – Median Forecast: 2.9% | Prior: 2.9% | Range: 3.1% / 2.7%
5-Year Inflation Expectations – Median Forecast: 2.8% | Prior: 2.9% | Range: 3% / 2.7%

Sentiment
09:10 ET
Fed’s Barr gives comments on bank supervision at a Columbia Law School Banking Conference in New York
Test and Q&A are expected.
Event Details

12:10 ET
Fed’s Daly delivers the keynote address at the National Association for Business Economics conference in Washington.
Text is expected.
Event Details

14:40 ET
BoE’s Pill speaks at the 40th Annual National Association for Business Economics Economic Policy Conference.
“Perspective on Global Monetary Policy” in Washington.
Registration Closed

Good luck!