Morning Juice – US Session Prep (12th February)

Sentiment
US stock futures edged higher, pointing to gains on Wall Street on a busy earnings day, with S&P 500 and Nasdaq 100 contracts up 0.3%.

The moves demonstrate how sensitive the market has become to companies’ exposure to the infrastructure driving the AI boom, with memory-chip shortages and pricing frequently mentioned in earnings reports and conference calls.

Asian equities advanced for a fifth day, extending their lead over US peers this year as lower valuations and stronger growth prospects enticed buyers, with the MSCI Asia Pacific Index up about 13% so far in 2026.

Docket
08:30 ET
US Weekly Jobless Claims
Initial Claims – Forecast: 223k | Prior: 231k | Range: 243k / 210k
Continued Claims – Forecast: 1.85M | Prior: 1.844M | Range: 1.911M / 1.82M

10:00 ET
US Existing Home Sales for January
Forecast: 4.15M | Prior: 4.35M | Range: 4.4M / 3.87M

13:00 ET
US sells $25 bln 30-Year Bonds
Prior High Yield: 4.825%
Prior Bid-to-cover: 2.42

Speakers
08:45 ET
BoC Senior Deputy Governor Rogers joins former Finance Minister Bill Morneau for a conversation at the Rotman School of Management in Toronto.
Remarks will not be published on the Bank’s website.

10:50 ET
ECB’s Radev, Sournaras, and Lane speak at an Economist event in Sofia, Bulgaria.

13:30 ET
Trump makes an announcement

14:30 ET
ECB’s Nagel gives a speech on European monetary policy at the Euro50 Group.

15:00 ET
Trump participates in a policy meeting

Good luck!