Morning Juice – Europe Session Prep
Good Morning Traders! This Monday we get a tame start to the week.
Here is what to expect for the day.
Sentiment
Japan’s economy averted a recession at the end of last year, thanks to strong business spending, which improves the central bank’s optics as it considers whether to raise interest rates for the first time since 2007.
Chinese regulators recently met with financial institutions to ask large banks to increase funding support for property developer China Vanke, according to sources, citing two people with firsthand knowledge of the situation.
Fund managers appear to have stumbled into a bear trap by expanding short positions on the Australian dollar just as the currency began to recover.
Australian Treasurer Jim Chalmers revealed a new regulatory framework that would help banks and pension funds examine the compliance requirements of forthcoming regulatory changes, as part of a flurry of initiatives to increase productivity.
Oil fell ahead of US inflation data and reports from OPEC and the IEA this week, which could provide hints on the demand picture.
Docket
09:00 ET
BoE Quarterly Bulletin
Good Luck today, Traders!