Morning Juice – US Session Prep (12th June)

Sentiment
US Treasuries rose, supported by optimism that the US and Iran may soon reach an agreement to reopen the Strait of Hormuz, while the dollar trimmed earlier gains as reports of a potential deal boosted sentiment. Investors are also awaiting the University of Michigan’s inflation expectations and consumer sentiment data later in the day.

Docket
10:00 ET
University of Michigan June Prelim Survey
Sentiment – Forecast: 46 | Prior: 44.8 | Range: 50 / 42

Speakers
10:30 ET
ECB’s Nagel receives an award and joins panel discussion on Europe and Franco-German relations at French embassy in Berlin.

11:00 ET
Trump participates in a Pre-Tape Podcast with The Second Lady

Good luck!