Morning Juice – US Session Prep (17th June)

Sentiment
US Treasuries traded mostly flat with slight yield increases at the front end as investors awaited the outcome of Fed Chair Kevin Warsh’s first policy meeting.
Swaps pricing pointed to a likely hold, though traders are focused on any dovish or hawkish tilt and whether Warsh’s remarks reflect his own stance or that of the broader committee.

Docket
08:30 ET
US Retail Sales MoM for May
Forecast: 0.6% | Prior: 0.5% | Range: 1% / 0.1%

10:30 ET
Weekly EIA Crude Oil Inventories 
Forecast: -3M | Prior: -7.227M | Range: -2M / -6.346M

14:00 ET
US Interest Rate Decision, Statement & Summary of Economic Projections
Forecast: 3.75% | Prior: 3.75%

14:30 ET
FOMC Press Conference with Fed Chair Warsh

Speakers & Events
Trump bilateral meetings throughout the day

09:00 ET
ECB’s Slejipen speaks at the European Economics & Financial Centre

09:30 ET
Trump Press Conference

13:00 ET
Trump & Macron Dinner

Good Luck!