Morning Juice – US Session Prep

Morning, Traders!
It is Wednesday the 17th of April, here are some things to look out for today.

Sentiment
Stocks have come under pressure this week as traders recalibrate bets on the timing of US Fed rate cuts.
US yields jumped yesterday, following Fed Chair Powell signalling the potential for a delay to US interest rate cuts, saying that it is appropriate to let policy take further time to work, and that recent data show’s a lack of further progress on inflation.

Docket
10:30 ET
Weekly EIA Crude Oil Inventories
Median Forecast: 1.65M | Prior: 5.841M | Range: 3.264M / -1M

13:00 ET
US sells $20 bln 20-Year Bonds

Speakers
08:05 ET
BoE’s Greene speaks as a panellist at the Institute of International Finance Global outlook forum on “global economic and risk outlook” in Washington.
Register here

09:00 ET
ECB’s Cipollone speaks at IIF Global Outlook Forum in Washington, DC.
Register here

11:00 ET
ECB’s de Cos speaks at IIF Global Outlook Forum in Washington, DC
Register here

11:45 ET
ECB’s Schnabel speaks at International Research Forum on Monetary Policy Challenges during Uncertain Times in Washington, DC
Register here

12:00 ET
BoE’s Bailey in conversation with Tim Adams, Institute of International Finance Global outlook forum, on ‘Navigating geopolitical & economic trends and risks in 2024’.
Register here

14:00 ET
BoE’s Haskel speaks as panelist at Daniel Susskind Book launch on ‘Growth: a reckoning’, hosted by King’s College London.
Register here

ECB’s President Lagarde speaks to the The Peterson Institute for International Economics and the Council on Foreign Relations, about the state of the European economy, US-EU economic cooperation, and the implications of international geopolitical conflicts on the global economy.
Watch here

Good luck, Traders!