Morning Juice – US Session Prep (23rd July)

Sentiment
Treasuries retreated on inflation concerns as WTI crude topped $90 per barrel after Iran-backed Houthis claimed their first attack on commercial ships in the Red Sea, while the dollar was little changed.

Docket
08:30 ET
US Weekly Jobless Claims
Initial: Forecast 210K | Prior 208K | Range 220K / 195K
Continued: Forecast 1.8095M | Prior 1.805M | Range 1.822M / 1.8M

Canadian Retail Sales for May
MoM: Forecast 1.0% | Prior 0.5% | Range 1.1% / 0.2%
Core MoM: Forecast 1.3% | Prior 0.1% | Range 1.5% / 0.4%

13:00 ET
US 10-Year TIPS Auction
Prior High Yield – 2.169%
Piror Bid-to-Cover – 2.52

Speakers & Events
08:45 ET
ECB Press Conference with ECB President Lagarde following the ECB rate decision.

14:30 ET
Trump makes an Announcement on the Ratepayer Protection Pledge

16:30 ET
Trump hosts the Los Angeles Dodgers, 2025 World Series Champions

Earnings
16:00 ET
Intel Q2 2026 Earnings $INTC
Estimated Revenue: $14.4B
Estimated EPS: $0.22

16:20 ET
SAP Q2 2026 Earnings
Estimated Revenue: $9.85B
Estimated EPS: $1.75

Good Luck!