Morning Juice – US Session Prep

Morning, Traders!
It is Monday the 5th of February, here are some things to look out for today.

Sentiment
As new hawkish signals from the Federal Reserve offset persistent optimism about the economy and corporate earnings, US equities were set to slightly retreat from all-time highs. The dollar continued to rise against all Group-of-10 peers following Federal Reserve Chair Jerome Powell’s hawkish remarks on CBS 60 Minutes on Sunday. Treasuries continued to decline, with two-year yields hitting a one-month high, as traders reduced bets on the possibility of an interest rate cut in March.

Docket
09:45 ET
US S&P Services PMI January Final
Median Forecast: 52.9 | Prior: 52.9 | Range: 53 / 52.9

10:00 ET
US ISM Services PMI for January
Median Forecast: 52 | Prior: 50.6 (revised 50.5) | Range: 53.2 / 48.7

11:30 ET
US sells $79 bln 3-Month Bills
US sells $70 bln 6-Month Bills

14:00 ET
US Senior Loan Officer Opinion Survey

Speakers
12:30 ET
Bank of Englands Pill Speaks in a Virtual Q&A
Register Here

14:00 ET
Fed’s Bostic gives pre-recorded virtual welcoming remarks for an event focused on the economic returns of education and training.
Text: Yes.
Q&A: No.
Register Here

Good luck!