Morning Juice – US Session Prep
Morning, Traders!
It is Wednesday the 29th of May, here are some things to look out for today.
Sentiment
Stocks and bonds fell, mirroring a drop in US Treasuries overnight following weak debt auctions and hawkish remarks from a Federal Reserve speaker
Markets are feeling the ripples from a rough US session, after tepid demand for US note sales, resilient consumer confidence data and central bank talk fueled expectations interest rates will stay elevated.
Later today, a seven-year Treasury bond auction will take place, and an important US price growth report will be released at the end of the week.
Docket
13:00 ET
US sells $44 bln 7-Year Notes
14:00 ET
Fed’s Beige Book
Speakers
13:45 ET
Fed’s Williams joins the Watertown Community Services Roundtable in Watertown, NY.
No text is expected.
Event Details Here
Good luck!