Morning Juice – US Session Prep (8th September)
Good Morning Traders.
It is Monday, the 8th of September. Here is what to look out for today.
Sentiment
Stocks gained at the start of a week filled with events that will shape sentiment as markets approach all-time highs. Gold extended its historic rally.
Long-maturity Japanese government bonds fell after PM Ishiba announced his resignation, raising expectations of looser fiscal policy.
PM Bayrou’s administration is expected to fall on Monday as a result of his efforts to reduce France’s huge debt load.
China’s export growth slowed to its slowest pace in six months as shipments to the US fell further, but a boom in sales to other destinations left Beijing on track for a record trade surplus of more than $1.2 trillion this year.
The Canadian Dollar seems to stand out as the weakest link in the Group of 10 network.
Docket
11:00 ET
NY Fed Inflation Expectations
11:30 ET
US sells $82 bln 3-Months Bills
US sells $73 bln 6-Month Bills
15:00 ET
US Consumer Credit for July
Forecast: $10.2B | Prior: $7.371B | Range: $17.7B / $8.2B
Speakers
10:10 ET
Trump delivers remarks to the White House Religious Liberty Comission
12:30 ET
ECB’s Villeroy speaks in Zurich.
Good luck!
