Morning Juice – US Session Prep

Good Morning Traders.
It is Tuesday the 10th of September. Here is what to look out for today.

Sentiment
US equities futures are shaky as markets enter a critical time, with significant inflation data on Wednesday followed by interest-rate decisions on both sides of the Atlantic.

Contracts on the S&P 500 traded barely changed after the underlying measure jumped 1.2% on Monday, rebounding from its worst start to the month since 1953.
Benchmark Treasury rates increased for a second day, while the Dollar maintained Monday’s gains.

The market is cautious as investors try to combine US recession fears with the possibility of a soft landing, amid concerns that the Fed may be falling behind the curve as the labor market slows.
Meanwhile, US political risk has returned to the spotlight, with former President Trump set to debate US Vice President Harris later today.

Docket
12:00 ET
EIA Short-Term Energy Outlook Report

13:00 ET
The US Sells $58 Bln in 3-Year Notes at Auction

Speakers
08:10 ET
BoC’s Gov. Macklem speaks before the Canada-UK Chamber of Commerce in London, United Kingdom, on global trade from a Canadian perspective. Text expected.

10:00 ET
Fed’s Barr speaks at a Brookings event on the Basel III Endgame.
Both text and Q&A are expected.

12:45 ET
Fed’s Bowman gives a speech on the future of stress testing and the stress capital buffer framework. Both text and Q&A expected.

Good luck!