Morning Juice – US Session Prep (29th May)

Sentiment
The dollar and Treasuries were little changed as investors watched US-Iran negotiations for signs that the crisis, which has spurred increased energy costs and inflation, will end soon. The United States and Iran have achieved a tentative agreement to extend a cease-fire for 60 days and begin further negotiations over Tehran’s nuclear program. President Donald Trump has yet to agree to these terms. France’s economy unexpectedly contracted at the start of the year, raising concerns about its resilience to the impact of the Iran war. Anthropic raised $65 billion in a funding round that valued the artificial intelligence startup at $965 billion, including the additional investment, surpassing the competition. Open the value of AI for the first time.

Docket
08:30 ET
Canadian GDP
QoQ Q1 – Forecast: 1.5% | Prior: -0.6% | Range: 2% / 0.8%
MoM for March – Forecast: 0.1% | Prior: 0.2% | Range: 0.9% / -0.1%

Speakers
09:10 ET 
Fed’s Bowman speaks [FOMC Voting Member] speaks on monetary policy at the Reykjavik Economic Conference.
Text: Yes. Q&A: No.
The speech is not livestreamed.

09:15 ET
Fed’s Paulson Speaks [Voter] speaks on Economic Outlook to The Chamber of Commerce Southern New Jersey
Text: No [repeated speech]. Q&A: Yes, audience.

09:35 ET
ECB’s Muller Speaks on panel of Reykjavik economic conference.

12:40 ET
Fed’s Daly speaks at the 2026 Reagan National Economic Forum
Q&A is expected. No Text

Good luck!