Morning Juice – US Session Prep

Sentiment
The US dollar consolidated losses following Friday’s sharp decline, when data showed slower job creation. US Treasuries gave up some of their gains, with yields drifting a handful of basis points higher after falling late last week.

Trump said he will announce a new Fed governor and jobs data statistician in the coming days, two appointments that could shape his economic agenda.

The Swiss franc underperformed relative to G10 peers, declining 0.6% to 0.8087 versus the dollar. Swiss stocks fell as the market reopened after a holiday on concerns about the impact of a punitive 39% tariff on US exports.

Docket
10:00 ET
US Factory Orders MoM Forecast -4.8%, Previous 8.2% Range -2.4% / -10.2%

Speakers & Events
N/A