Morning Juice – US Session Prep

Morning, Traders!
Happy Friday, it is the 14th of June, here are some things to look out for today.

Sentiment
The S&P 500 and Nasdaq 100 are set to open lower after notching up record highs every day this week. A gauge of the dollar rose against major global currencies, while Treasury yields declined four basis points.

Following his party’s defeat in the European Parliament elections, French President Emmanuel Macron called a snap legislative election. European markets are becoming increasingly concerned that a victory for Marine Le Pen’s far-right National Rally party, which currently leads polls by a wide margin, will result in looser fiscal policies.

Docket
10:00 ET
University of Michigan June Prelim Survey
Sentiment – Median Forecast: 75 | Prior: 69.1 | Range: 75 / 65
1-Year Inflation Expectations – Median Forecast: 3.2% | Prior: 3.3% | Range: 3.3% / 3.1%
5-Year Inflation Expectations – Median Forecast: 3% | Prior: 3% | Range: 3% / 2.9%

Speakers
08:30 ET
Fed’s Mester speaks on CNBC

09:30 ET
ECB’s Schnabel speaks

09:35 ET
ECB’s Kazaks joins panel at a conference in Dubrovnik, Croatia

13:15 ET
Fed’s Mester Speaks on Bloomberg TV
Live video here

13:30 ET
ECB’s President Lagarde gives a speech at the 30th Dubrovnik Economic Conference.
Invitation only
Event details here

14:00 ET
Fed’s Goolsbee speaks in a fireside chat at the Iowa Farm Bureau Economic Summit.
No text is expected, but there will be a Q&A.
Registration fee
Event details here

Good luck, and have a good weekend!