Morning Juice – US Session Prep (17th October)

Sentiment
US bank stocks extended their slide in premarket trading on Friday, after a sharp selloff in regional lenders that reverberated through Asian and European trading hours. President Donald Trump has his sights once again on ending the war in Ukraine, announcing another meeting with Russian leader Vladimir Putin after a first summit in Alaska failed to yield progress. China’s economy likely expanded at the slowest in a year last quarter despite a boom in exports, a disconnect the Communist Party may move to rectify by championing higher consumption when it convenes for a key meeting next week.

Docket
8:30
US Housing Starts for September
Forecast: 1.307M | Prior: 1.320M | Range: 1.385M / 1.264M
US Building Permits
Forecast: 1.343M | Prior: 1.330M | Range: 1.375M / 1.300M

17:00
Monthly OPEX

Speakers & Events
08:45
ECB’s Nagel is speaking at a conference at the IMF/World Bank meetings in DC

12:00
BoE’s Green speaks at an Atlantic Council roundtable in Washington

12:15
Fed’s Musalem speaking in a fireside chat at the IIF conference with Bloomberg’s Mike McKee at the Ronald Reagan Building and the International Trade centre
No Text. There is a Q&A.

12:20
BOE Deputy Governor Sarah Breeden speaks on a panel at the IMF and World Bank meetings in Washington

13:00
ECB’s Rehn among panelists at Peterson Institute for International Economics event on Europe in a changing International monetary system

Good Luck!