Morning Juice – US Session Prep

Morning, Traders!
It is Tuesday the 25th of March, here are some things to look out for today.

Sentiment
The Dollar Spot Index dipped 0.2%, losing its earlier gains. Investors are also seeking clarification on secondary tariffs that Trump has threatened to apply to countries that purchase Venezuelan oil.

After Monday’s US PMI figures surprised to the upside, traders await US economic data including consumer confidence, as well as commentary from the Fed’s Kugler and Williams.

US stock futures fell after Wall Street’s brief rise, weighed down by Trump’s fresh trade threats and the prospect of fewer interest-rate cuts than presently valued.

Docket
10:00 ET
US CB Consumer Confidence for March
Forecast: 94 | Prior: 98.3 | Range: 98.3 / 90.7

US New Home Sales for February
Forecast: 0.68M | Prior:0.657M | Range: 0.725M / 0.646M

13:00 ET
US sells $69 bln 2-Year Notes

Speakers
09:05 ET
Fed’s Williams gives opening remarks at a conference at the New York Fed.
Text is expected, but no Q&A.

12:00 ET
ECB’s Nagel joins a panel discussion on ‘The importance of financial education in Germany for a functioning civil society and a stable financial system’ in Frankfurt

Good luck!