Morning Juice – US Session Prep (4th May)

Sentiment
US futures swung and oil surged as tensions in the Middle East flared, overshadowing strong megacap tech earnings.

Nasdaq 100 and S&P 500 contracts fell as much as 0.5% after reports an American patrol boat was hit, before trimming losses as the US denied the claim. Brent jumped more than 5% above $113 per barrel before paring gains.

Docket
10:00 ET
US Factory Orders for March
Forecast: 0.4% | Prior: 0% | Range: 2% / -1%

Speakers
08:00 ET
ECB’s Kocher makes opening remarks at Austrian National Bank conference on CEE.

08:15 ET
ECB Vice President de Guindos presents the ECB Annual Report 2025 at the ECON Committee in Brussels.
The text will be made available on the ECB’s website.

12:50 ET
Fed’s Williams delivers keynote remarks at the Cynosure Group Spring Symposium
Text: Yes. Q&A: Yes, moderator & media

13:05 ET
ECB’s Nagel speaks on Europe’s economy in Frankfurt

15:00 ET
Trump participates in a Small Business Summit

15:30 ET
BoC’s Governor Macklem & Senior Deputy Governor Rogers will appear before the House of Commons Standing Committee on Finance.

Earnings
16:05 ET
Palantir Q1 2025 Earnings
Est. EPS: 28c
Est. Rev: $1.54B

Good luck!