Morning Juice – US Session Prep (14th April)

Sentiment
The Nasdaq 100 was on track for its longest run of gains since 2021 as optimism over renewed US-Iran talks pushed oil prices lower and supported global equities.

Futures for the index rose 0.4%, signaling a potential 10th consecutive advance. S&P 500 futures gained 0.2% after the benchmark wiped out losses linked to the conflict earlier in the week. Stocks across Europe and Asia also moved higher, as hopes for a Middle East agreement boosted expectations that energy flows could stabilize and inflation risks ease.

The US and Iran are considering fresh negotiations to extend a two-week ceasefire, even as Trump continues a naval blockade aimed at limiting Iran’s oil exports. The goal is to hold further discussions before the truce expires, according to people familiar with the matter. Talks could take place in Islamabad later this week.

Brent crude slipped 0.6% to $98.81 a barrel, with the International Energy Agency warning that the conflict may halt global oil demand growth for the first time since 2020. The dollar weakened for a seventh straight session, while Treasuries added to recent gains. Gold rose 0.9% toward $4,800 an ounce.

Docket
08:30 ET
US PPI for March
YoY –  Forecast: 4.6% | Prior: 3.4% | Range: 5.9% / 4%
MoM – Forecast: 1.1% | Prior: 0.7% | Range: 2.3% / 0.3%
Core YoY – Forecast: 4.1% | Prior: 3.9% | Range: 4.4% / 3.9%
Core MoM – Forecast: 0.4% | Prior: 0.5% | Range: 0.7% / 0.1%

09:00 ET
IMF World Economic Outlook

10:15 ET
IMF’s Global Financial Stability Report

Speakers & Events
09:00 ET
IMF’s Press Conference

10:00 ET
BoE’s Greene Speaks

ECB’s Makhlouf speaks in Washington, D.C., on the future of global finance

ECB’s Lane speaks at the University of Virginia in Charlottesville. Slides will be made available on the ECB Website

12:05 ET
BoE’s Governor Bailey speaks in a fireside chat at Columbia University in New York. The event will be moderated by BoE’s Taylor

12:10 ET
Fed’s Goolsbee speaks at the Semafor World Economy 2026
No Text, Q&A is expected with a moderator

12:45 ET
Fed’s Barr speaks on the rural economic development at the Strengthening America’s Economy through Rural Investment forum William McChesney Martin Jr. Federal Reserve Building, Washington
No Q&A, Text is expected

13:00 ET
Fed’s Paulson, Collins, Barkin, & Barr speak in a fireside chat on strengthening America’s economy through rural investment, Federal Reserve Board
No Text, Q&A is expected with a moderator

17:00 ET
ECB’s Lagarde speaks in Washington, D.C at the Bretton Woods Spring Summit

Good Luck!