Morning Juice – US Session Prep (16th January)

Sentiment
The yen strengthened, trimming its third consecutive weekly decline, after Japan’s Finance Minister Katayama reiterated that all options, including direct currency intervention, remain on the table to address recent weakness. The US dollar slipped against most major currencies, while Treasury yields traded in a narrow range.

Katayama also said her understanding with the US Treasury secretary includes the possibility of currency intervention.

USD/JPY was up about 0.2% for the week, putting it on track for its longest run of weekly gains since September.

Docket
09:15 ET
US Industrial Production for December
Forecast:0.1% | Prior: 0.2% | Range: 0.4% / -0.4%

Speakers
10:00 ET
Trump participates in The Great, Historic Investment in Rural Health Roundtable

10:50 ET
Fed’s Collins gives welcoming remarks at 2026 New England Economic Forum. Text: Yes Q&A: No

11:00 ET
Fed’s Bowman speaks to the Massachusetts Bankers Association on the economic outlook and monetary policy
Text: yes; Q&A: moderator

15:15 ET
Trump participates in the Southern Boulevard Dedication Ceremony

15:30 ET
Fed’s Jefferson gives keynote address at American Institute for Economic Research conference, Owl’s Perch, Schmidt Family Complex.
Text: yes, Q&A: yes, audience.

Good luck!