Morning Juice – US Session Prep

Good Morning Traders.
It is Wednesday the 25th of September. Here is what to look out for today.

Sentiment
US stock futures fell as the S&P 500 set a new closing high for the 41st time this year.
Treasuries and the Dollar remained stable.

Traders are looking for new catalysts after the Fed’s half-point interest-rate decrease last week boosted risk appetite and put the Dollar on course to reverse its gains this year.

China’s latest policy changes on Wednesday haven’t spread beyond Asian markets, as investors doubt whether the steps will be sufficient to stabilize the country’s faltering economy.

Docket
10:00 ET
US New Home Sales
Median Forecast: 0.7M | Prior: 0.739M | Range: 0.75M / 0.645M

10:30 ET
Weekly EIA Crude Oil Inventories
Median Forecast: -1.43M | Prior: -1.63M | Range: 2M / -2M

13:00 ET
The US Sells $70 Bln in 5-Year Notes at Auction

Speakers
16:00 ET
Fed Governor Kugler speaks on the economic outlook at Harvard’s Kennedy School of Government.
Text and Q&A are both expected.

Good luck!