Morning Juice – US Session Prep (24th December)
US Exchanges close early [13:00 ET] in observance of Christmas Eve.
Sentiment
The dollar extended broad losses and fell for a third straight day against the yen. Treasuries gained ahead of a report on US Jobless Claims and other economic data due later in the day.
The 10-year Treasury yield was little changed at 4.16%, while the two-year yield fell 0.1%.
European bond markets are closed on Wednesday, while the UK gilt market closes early. UK and European markets are closed on Thursday and Friday.
Docket
08:30 ET
US Weekly Jobless Claims
Initial Claims – Forecast: 224k | Prior: 224k | Range: 235k / 197k
Continued Claims – Forecast: 1.9M | Prior: 1.897M | Range: 1.95M / 1.785M
11:30 ET
US sells $44 bln 7-Year Notes
Good luck, and happy holidays!
