Morning Juice – US Session Prep (28th April)

Seintment
The dollar strengthened against all of its Group-of-10 counterparts as Brent crude reached a three-week high above $111 per barrel. Treasury rates fell ahead of the sale of seven-year US notes. USD/JPY is steady at 159.48, having risen as much as 0.3% to 159.69 after the BOJ held its policy rate unchanged in a split decision. Technology companies led equity markets lower as fears about the massive investment in artificial intelligence resurfaced. Brent surged beyond $110 per barrel as the Strait of Hormuz remained closed. The Bank of Japan maintained its key interest rate steady in a 50-50 decision, raising the prospect of a June rise. However, the weak yen had only a temporary relief as Governor Kazuo Ueda expressed doubt on the economy’s prospects.
Inflation expectations among euro-area consumers rose sharply in March, a concerning indication for the European Central Bank as it examines the impact of the Iran war.
Trump met with his national security team to consider Iran’s proposal to halt a three-month-old war that has killed thousands of people in the Middle East and crippled energy supply.

Docket
10:00 ET
US CB Consumer Confidence for April
Forecast: 89 | Prior: 91.8 | Range: 91.1 / 85

13:00 ET
US 7-Year Bond Auction
Prior High Yield – 4.255%
Prior Bid-to-Cover – 2.43

Earnings
16:00 ET
StarBucks Q2 2026 Earnings $SBUX
Estimated Revenue – $9.14B
Estimated EPS – $0.43

16:05 ET
Visa Q2 2026 Earnings $V
Estimated Revenue – $10.74B
Estimated EPS – $3.10

Speakers & Events
10:35 ET
Trump and the First Lady participate in a Greeting with Majesty King Charles III and Queen Camilla

11:10 ET
Trump and the First Lady participate in a Guestbook Signing and Official Gift Exchange with  King Charles III and Queen Camilla

11:20 ET
Trump and the First Lady participate in a Receiving Line with Official Delegations

11:40 ET
Trump and His Majesty The King of the United Kingdom of Great Britain and Northern Ireland participate in a Bilateral Meeting

12:30 ET
ECB’s President Lagarde Speaks

Good Luck!