Morning Juice – Europe Session Prep
Daily Dose, EU

Morning Juice – Europe Session Prep

Good Morning Traders! This Friday we get German Industrial Production data, as well as comments from Fed’s Williams.

Here is what to expect for the day.


Federal Reserve Chair Jerome Powell hinted that the central bank is coming close to the confidence needed to begin decreasing interest rates.

Japan’s household spending decreased the most in nearly three years, casting a cloud over the economy’s growth prospects as the central bank considers the timing of a widely expected interest rate hike.

Oil increased when services were temporarily suspended at the Keystone pipeline, a vital route transporting Canadian crude to the US.

Money-market fund assets soared to a new record high for the second straight week on predictions that short-term rates will remain elevated for longer, as traders reined in bets on the first Federal Reserve reduction this year.

China’s local governments are selling more properties as they hunt for new revenue streams that may help them begin to fill a big vacuum created by the property crisis.


02:00 ET
German Industrial Production YoY SA
Median Forecast -4.8% | Prior -3.13% | Range 3.4%/-6.1%

German Industrial Production MoM
Median Forecast 0.6% | Prior -1.6% | Range 1.5%/-2.5%

05:00 ET
Eurozone GDP Revised YoY
Median Forecast 0.1% | Prior 0.1% | Range 0.2%/0.1%

Eurozone GDP Revised QoQ
Median Forecast 0.0% | Prior 0.0% | Range 0.1%/-0.1%


04:00 ET
ECB’s Holzmann Speaks

07:00 ET
Fed’s Williams Speaks


Good Luck today, Traders!