Morning Juice – US Session Prep (20th June)
Sentiment
The dollar declined against most G10 currencies as fears of an imminent US attack on Iran abated. News of a of senior Iranian Official saying “Iran is ready to discuss limitations on its uranium enrichment” led to further declines in the dollar and oil prices. Treasuries were little changed as trading reopened after the Juneteenth holiday.
Trump will decide within two weeks whether to strike Iran, his spokeswoman said, as Israel hit more Iranian nuclear sites and warned its attacks may bring down the leadership in Tehran.
Japan is planning to cut the issuance of super-long bonds this year by more than earlier reported, after record highs in super-long yields in recent months stoked market concerns.
Docket
08:30 ET
Canadian Retail Sales MoM for April
Forecast: 0.4% | Prior: 0.8% | Range: 0.5% / -0.7%
10:00 ET
Eurozone Consumer Confidence June Prelim
Forecast: -14.9 | Prior: -15.2 | Range: -12 / -15.8
Speakers & Events
11:00 ET
Trump attends a National Security Meeting
Good luck, and have a good weekend!
