Morning Juice – US Session Prep

Morning, Traders!
It is Monday the 13th of May, here are some things to look out for.

Sentiment
US market futures moved higher as investors waited for critical data later this week that might provide insight into the Federal Reserve’s policy stance.

All eyes will be on US producer prices tomorrow, ahead of April’s inflation report on Wednesday.
Data released last week showed a weakening economy and persistent inflation, casting doubt on the Federal Reserve’s policy outlook.

Docket
11:00 ET
NY Fed Inflation Expectations

11:30 ET
US Sells $70 Billion 3-Month Bills
US Sells $70 Billion 6-Month Bills

Speakers
09:00 ET
Fed’s Mester and Jefferson discuss central bank communications at an event hosted at the Cleveland Fed.
Text is  expected from Jefferson. Both will be participating in a Q&A.
Watch here

Euro zone finance ministers meet to discuss budgets, competitiveness and banking and capital markets union.

12:30 ET
SNB’s Chairman Jordan and IMF’s Georgieva Speak.

Good luck!