Morning Juice – US Session Prep
Morning, Traders!
It is Monday the 18th of March, here are some things to look out for today.
Sentiment
US stock futures rose this morning, with tech stocks climbing as investors wait for cues in a busy week of central bank policy decisions, from the US Federal Reserve, and Japan.
US Index contracts rose following a report that Apple is in talks to build Google’s AI engine into the iPhone.
The dollar was mixed, and US 10-Year Treasuries were little changed.
The yen fell against most of the G-10 peers as traders await the Japanese policy decision, where bets are mounting on the BoJ starting to put an end to it’s ultra-loose monetary policy.
Docket
08:30 ET
Canadian PPI MoM
Median Forecast: 0.02% | Prior: -0.1% | Range: 0.2% / -0.1%
10:00 ET
US NAHB Housing Market Index
Median Forecast: 48 | Prior: 48 | Range: 51 / 45
11:30 ET
US sells $76 bln 3-Month Bills
US sells $70 bln 6-Month Bills
Speakers
12:00 ET
ECB’s Centeno speaks at the Generation Euro awards ceremony.
Good luck!