Morning Juice – US Session Prep (6th August)

Sentiment
The dollar was little changed for a 3rd straight day after an almost 1% decline on Friday. Treasury yields increased before auctions today, including the sale of $42 bln of 10-Yr notes.

European equities climbed as investors looked past Trump’s latest tariff threats and poor economic data to focus on a rush of corporate earnings reports.

Swiss President Keller-Sutter will meet Secretary of State Rubio on her emergency trip to lower the US’s 39% tariff, while it was not clear if she will also get to see Trump.

Docket
10:30 ET
US Weekly EIA Crude Oil Inventories
Forecast: 0M | Prior: 7.698M | Range: 3.103M / -1.6M

13:00 ET
US sells $42 bln 10-Year Notes

Speakers
14:00 ET
Fed’s Cook & Fed’s Collins participate in a panel discussion with Central Bank of Chile Board Member Luis Felipe Céspedes and moderated by Boston Fed Director of Research
No text is expected.

16:10 ET
Fed’s Daly speaks at 2025 Anchorage Economic Summit
Text and Q&A are expected.

16:30 ET
Trump makes an announcement

Good luck!