Morning Juice – US Session Prep (18th July)

Sentiment
The dollar declined as the currency paused a weekly rally. Treasuries inched up. Investors await a reading of US Michigan Consumer Sentiment and Housing Starts due later in the day, along with comments from Fed’s Waller.

Global stocks extended their advance on Friday as growing confidence in the resilience of the US economy and upbeat earnings lent fresh support to risk sentiment.

Docket
08:30 ET
US Housing Starts Forecast 1.298M, Previous 1.256M Range 1.35M / 1.181M

10:00 ET
University Michigan Sentiment Prelim Forecast 61.5, Previous 60.7 Range 66 / 53.5

Speakers & Events
13:30 ET
Trump participates in a Swearing-In Ceremony for the Commissioner of the IRS

14:30 ET
Trump signing  ceremony for GENIUS Act