Morning Juice – US Session Prep

Morning, Traders!
It is Friday the 26th of April, here are some things to look out for.

Sentiment
US equity futures advanced as blockbuster earnings from Microsoft and Alphabet signaled the artificial intelligence boom that has driven gains for technology stocks remains on track.

While earnings remain center stage, the focus today will also be on US data, with the Federal Reserve’s preferred measure of inflation of particular interest.
Treasury yields dipped following yesterday’s bond-market losses when economic data pushed back expectations for policy easing.
A gauge of the dollar was steady.

Docket
08:30 ET
US PCE Data For March
YoY – Median Forecast: 2.6% | Prior: 2.5% | Range: 2.8% / 2.6%
MoM – Median Forecast: 0.3% | Prior: 0.3% | Range: 0.4% / 0.2%
Core YoY – Median Forecast: 2.7% | Prior: 2.8% | Range: 2.9% / 2.7%
Core MoM – Median Forecast: 0.3% | Prior: 0.3% | Range: 0.4% / 0.2%

Consumer Spending MoM for March
Median Forecast: 0.6% | Prior: 0.8% | Range: 1% / 0.4%

10:00 ET
University of Michigan Sentiment Final
Median Forecast: 77.9 | Prior: 77.9 | Range: 78.3 / 74.3

Good Luck, Traders!