Morning Juice – US Session Prep
Daily Dose, US

Morning Juice – US Session Prep

Morning, Traders!
Hope you enjoyed your weekend,
It is Monday the 10th of June, a quiet start to the week, here is what to look out for today.

The euro fell to its lowest level in more than a month after French President Emmanuel Macron called for a legislative vote following a crushing defeat in the European Parliament elections.

The French far-right’s gains in the vote for European lawmakers prompted Macron to gamble on a snap election to halt his rival’s rise. Marine Le Pen.
While German Chancellor Olaf Scholz suffered humiliating defeats, centrist parties across the bloc largely maintained their positions.

The currency entered the weak already on the back foot, having suffered its biggest loss in nearly two months on Friday as stronger-than-expected US jobs data lifted the dollar.
The focus will now shift to Federal Reserve policymakers updating their rate forecasts on Wednesday, after last week’s data dampened expectations about the extent of policy easing this year.

Meanwhile, US stock futures contracts were little changed ahead of the Fed’s Summary of Economic Projections and the release of May inflation data, both due on Wednesday.

11:00 ET
New York Fed Inflation Expectations

11:30 ET
US sells $70 bln 3-Month Bills
US sells $70 bln 6-Month Bills

13:00 ET
US sells $58 bln 3-Year Notes

Good luck!