Morning Juice – US Session Prep

Morning, Traders!
It is Wednesday the 16th of October, here are some things to look out for today.

Sentiment
European markets sank after disappointing profits from the luxury sector compounded concerns about the semiconductor industry’s profit forecast.
The Pound fell as a decline in UK inflation prompted increasing betting on interest rate reduction.

In commodities, oil remained near $74 per barrel after falling on Tuesday, as traders watched the danger of escalation in the Middle East and the forecast for the coming year.
Gold soared to a new record high as investors focused on the forthcoming US election, with polls predicting a razor-thin race with less than three weeks to go.

Docket
08:15 ET
Canadian House Starts Annualized for September
Median Forecast: 235K | Prior: 217.4K | Range: 251.9k / 225K

08:30 ET
US Import & Export Prices MoM for September
Import – Median Forecast: -0.3% | Prior: -0.3% | Range: 0.3% / -0.8%
Export – Median Forecast: -0.4% | Prior: -0.7% | Range: 0% / -1%

Speakers
14:40 ET
ECB President Christine Lagarde gives a speech at the official dinner of Banka Slovenije in Ljubljana, Slovenia.

Good luck!