Morning Juice – US Session Prep (11th March)

Sentiment
The dollar and Treasuries were little changed early Tuesday as investors awaited inflation data and greater clarity on oil supply risks in the Middle East. Crude prices climbed after the UK Navy said three vessels were struck by suspected projectiles in the Strait of Hormuz and the Persian Gulf, while US officials walked back comments that the US Navy had escorted a tanker through the strait.

Docket
08:30 ET
US CPI for February
YoY – Forecast: 2.4% | Prior: 2.4% | Range: 2.6% / 2.3%
MoM – Forecast: 0.3% | Prior: 0.2% | Range: 0.4% / 0.1%
Core YoY – Forecast: 2.5% | Prior: 2.5% | Range: 2.6% / 2.3%
Core MoM – Forecast: 0.2% | Prior: 0.3% | Range: 0.4% / 0.2%

10:30 ET
US Weekly EIA Crude Oil Inventories
Forecast: 2.5M | Prior: 3.475M | Range: 3.867M / -1.9M

13:00 ET
US sells $39 bln in 10-Year Notes
Prior High Yield: 4.177%
Prior Bid-to-cover: 2.39

Speakers
08:30 ET
Fed’s Bowman speaks at American Bankers Association Washington Summit on supervision and regulation.
Text: No. Q&A: Yes, moderator

11:10 ET
ECB’s Schnabel gives a guest lecture at the Frankfurt School.

Good luck!