Morning Juice – European Session Prep
Daily Dose, EU

Morning Juice – European Session Prep

Good Morning Traders! This Tuesday we get GDP data from across the Euro-area.

Here is what to expect from today.


China’s benchmark government bond yield fell to its lowest in nearly 22 years, on rising prospects of further monetary easing amid a shaky economic recovery and stock-market selloff.

Chinese stocks fell on Tuesday, with a benchmark poised for a third straight day of falls, emphasising the need for regulators to take additional efforts to restore market confidence.

Inflation in UK stores dropped to its lowest level in more than 18 months, indicating that the cost-of-living issue is beginning to alleviate. The British Retail Consortium reported Tuesday that shop prices were 2.9% higher year on year in January, compared to a 4.3% increase in December. This is the lowest since May 2022, when businesses gave significant discounts to attract customers.

Japan’s labour market exhibited more signs of tightness in December, driven by a manpower shortage across a swath of industries in a carefully watched development as firms participate in annual salary negotiations with unions.

Oil was stable as the market waited for a US response to the deadly attack on American forces in Jordan, which might risk an escalation of hostilities in a region critical to global petroleum supply.


04:00 ET
German GDP YoY NSA Flash
Median Forecast -0.4% | Prior -0.8% | Range -0.2%/-0.5%

German GDP QoQ Flash
Median Forecast -0.3% | Prior -0.1% | Range -0.1%/-0.3%

05:00 ET
Eurozone GDP YoY Prelim Flash
Median Forecast 0.1% | Prior 0.0% | Range 0.2%/-0.1%

Eurozone GDP QoQ Prelim Flash
Median Forecast -0.1% | Prior -0.1% | Range 0.1%/-0.3%


06:00 ET
UPS Q4 2023 Earnings
Est. EPS $2.44 | Est. Rev. $25.41B

06:30 ET
General Motors Q4 2023 Earnings
Est. EPS $1.16 | Est. Rev. $39.53B

06:45 ET
Pfizer Q4 2023 Earnings
Est. loss per share $0.19 | Est. Rev. $14.38B


04:00 ET
ECB’s Vujcic & Lane Speak

Good Luck today, Traders!