Morning Juice – US Session Prep

Good morning, Traders!
It is Friday, the 24th of May. Here is what to look out for today.

Sentiment
US and European bonds fell, while the dollar index traded slightly lower ahead of US data such as durable goods orders and University of Michigan consumer sentiment.
The pound fell after UK retail sales missed expectations, before paring the move to trade little changed for the day.

Docket
08:30 ET
US Durable Goods – Median Forecast: -0.8% | Prior: 2.6% | Range: 1.8% / -5.4%
US Core Durable Goods – Median Forecast: 0.1% | Prior: 0.2% | Range: 1% / -0.4%

Canadian Retail Sales MoM – Median Forecast: 0.1% | Prior: -0.1% | Range: 0.2% / -1.2%
Canadian Core Retail Sales MoM – Median Forecast: 0.3% | Prior: -0.3% | Range: 1.8% / -0.9%

10:00 ET
University of Michigan Survey
Sentiment – Median Forecast: 67.7 | Prior: 67.4 | Range: 71 / 66.9
1 Year Inflation – Median Forecast: 3.4% | Prior: 3.5% | Range: 3.5% / 3.2%
5 Year Inflation – Median Forecast: 3.1% | Prior: 3.1% | Range: 3.1% / 3.0%

Speakers
09:20 ET
Fed’s Waller Fed gives keynote address at a Cental Bank of Iceland event in Reykjavik on the neutral rate.
Text is expected.

11:25 ET
ECB’s Centeno speaks on a panel at the Reykjavik Economic Conference.