Morning Juice – US Session Prep

Morning, Traders!
It is Monday the 17th of March, here are some things to look out for today.

Sentiment
The dollar hit a fresh four-month low as investors awaited US retail sales and manufacturing data for further clues on the state of the world’s biggest economy. Treasury Secretary Bessent said he’s not worried about the stock market downturn, saying corrections are healthy and normal.

Chinese consumption, investment and industrial production exceeded estimates to start the year, pointing to signs of resilience for an economy still in need of more stimulus as Donald Trump’s tariffs threaten growth.

Docket
08:30 ET
US Retail Sales for February
Median Forecast: 0.6% | Prior: -0.9% | Range: 1% / -0.4%

US Core Retail Sales for February
Median Forecast: 0.3% | Prior: -0.4% | Range: 0.9% / -0.8%

NY Fed Manufacturing for March
Median Forecast: -1 | Prior: 5.7 | Range: 5 / -8

11:30 ET
US sells $76 bln 3-Month Bills
US sells $68 bln 6-Month Bills

Good luck!