Morning Juice – Europe Session Prep

Good morning, traders!

Here’s what to look out for the day ahead.

Sentiment
The yen rose as Japan’s currency officials cautioned that authorities were prepared to intervene in the market if necessary to slow rapid market movements. The kiwi outperformed its G10 counterparts. The dollar edged lower, as Treasury yields erased earlier gains.

Releases
2 AM ET
(Jan) UK CPI YoY Forecast 4.1%, Previous 4% Range 4.6%|3.7%
UK Core CPI YoY Forecast 5.2%, Previous 5.1%, Range 5.4%|4.8%

5 AM ET
(Q4 2023) Eurozone GDP QoQ Flash Estimate Forecast 0.2%, Previous 0%, Range 0.4%|0%
Eurozone GDP YoY Flash Estimate Forecast 0.1%, Previous 0.1%, Range 0.3%|-0.1%

5:30 AM ET
German 30 Yr Bund Bid-to-cover Previous 2.5
German 30 Yr Bund Yield Previous 2.45%

6:30 AM ET
UK 10 Yr Gilt Bid-to-Cover Previous 3.1
UK 10 Yr Gilt Yield Previous 3.973%

Good luck!