Morning Juice – US Session Prep (23rd April)

Sentiment
Treasury yields edged up and the dollar strengthened against most G10 peers as the US and Iran continued enforcing blockades of the Strait of Hormuz, fueling risk-off sentiment amid stalled peace talks.

Docket
8:30 ET
Weekly US Jobless Claims
Initial – Forecast: 210K | Prior: 207K | Range: 220K / 200K
Continued – Forecast: 1.816M | Prior: 1.818M | Range: 1.83M / 1.79M

9:45 ET
US S&P PMI Flash April Data
Manufacturing – Forecast: 52.5 | Prior: 52.3 | Range: 54 / 50.5
Services – Forecast: 50.6 | Prior: 49.8 | Range: 51.5 / 49.3

13:00 ET
US 5-Year TIPS
Prior High Yield – 1.433%
Prior Bid-to-Cover – 2.620

Earnings
16:00 ET
Intel Q1 2026 Earnings
Estimated Revenue – $12.36B
Estimated EPS – $1c

16:05 ET
SAP Q1 2026 Earnings
Estimated Revenue – $9.53B
Estimated EPS – $1.64

Speakers & Events
10:00 ET
US Trade Representative Greer Speaks

11:00 ET
ECB’s Nagel speaks in Frankfurt on Central Bank independence

15:00 ET
Trump participates in a Health Care Affordability Event

Good Luck!