Morning Juice – US Session Prep
Daily Dose, US

Morning Juice – US Session Prep

Good Morning Traders.
It is Thursday the 30th of January. Here is what to look out for today.


Sentiment
US stock futures rose as investors anticipated Apple’s results as the next test of technological resiliency.

Nasdaq 100 futures and S&P 500 contracts 0.4%.
Apple is anticipated to report record quarterly earnings later today.
In premarket trade, tech stocks continued to surge, with IBM up 8% and Meta up on expectations of further AI gains.
Tesla rose as much as 4.1% on investor excitement about the company’s robotaxi and AI possibilities.

The focus now shifts to the ECB, which is likely to slash interest rates by a quarter percent later Thursday in order to stimulate the stagnant Eurozone economy.
European government bonds rose after Germany and France reported weaker-than-expected GDP data.


Docket
08:30 ET
US GDP QoQ Q4 Advance
Median Forecast: 2.6% | Prior: 3.1% | Range: 3.2% / 0.9%
US GDP Price Index
Median Forecast: 2.5% | Prior: 1.9% | Range: 3% / 2%
US Core PCE Prices
Median Forecast: 2.5% | Prior: 2.2% | Range: 2.8% / 2.1%

US Weekly Initial Jobless Claims
Median Forecast: 225K Prior: 223K | Range: 240K / 214K
US Weekly Continued Claims
Median Forecast: 1.9015M | Prior: 1.899M | Range: 1.95M / 1.87M

10:00 ET
US Pending Home Sales Change MoM for December
Median Forecast: 0% | Prior: 2.2% | Range: 4.8% / -3%


Speakers
08:45 ET
ECB Press Conference with President Lagarde following ECB Interest Rate decision this morning.


Earnings
16:00 ET
Intel Q4 2024 Earnings
Est. EPS: 12c
Est. Rev: $13.81B

16:05 ET
Visa Q1 2025 Earnings
Est. EPS: $2.66
Est. Rev: $9.35B

16:30 ET
Apple Q1 2025 Earnings
Est. EPS: $2.35
Est. Rev: $124.1B


Good luck!