Morning Juice – Europe Session Prep
Daily Dose, EU

Morning Juice – Europe Session Prep

Good Morning Traders! This Tuesday we see the week beginning to pick up with UK Gilt and German Gfk data.

Here is what to expect for the day.


China’s central bank bolstered its support for the underperforming yuan by raising its daily reference rate for the controlled currency by the highest since January.

Consumer confidence in Australia declined in March as families remained apprehensive about their finances and the economy’s near-term outlook, with no indication that interest rates will begin to fall.

Traders believe the Bank of England will outperform its European and US rivals in terms of interest rate decreases in 2024, contrary to forecasts that it will lag behind.

Expectations of additional yen weakness are growing among investors, as seen by falling hedging costs following the Bank of Japan’s interest rate hike while promising to keep policy accommodative.

Oil prices stabilised following the greatest rise in a week, with OPEC+ expected to confirm its output restrictions amid Middle Eastern and Russian concerns.


03:00 ET
German Gfk Consumer Sentiment
Median Forecast -28 | Prior -29 | Range -20/-28.8


05:00 ET
BoE’s Mann Speaks


Good Luck today, Traders!