Morning Juice – Europe Session Prep

Good Morning Traders! This Monday we get German Industrial Production figures.

Here is what to expect for the day.

Sentiment

Japanese workers’ real earnings declined in February for the 23rd straight month as consumer price increases increased, imposing a pressure on spending, in an outcome that will likely keep the central bank on hold for the time being.

US Treasury Secretary Janet Yellen will visit China’s central bank director and former economic czar in Beijing, capping a trip that has been a difficult balancing act between improving bilateral ties and sharply criticising Beijing’s economic policies.

Oil fell for the first price in five days after Israel said that it will withdraw some forces from Gaza, as traders await a series of market updates this week that would offer a picture of supply and demand.

Investors have placed the biggest bets on the yen falling in 17 years, just as it approaches a critical level that raises the probability of Japanese intervention.

Docket

02:00 ET
German Industrial Production MoM
Median Forecast 0.5% | Prior 1.0% | Range 1.5%/-0.6%

German Industrial Production YoY SA
Median Forecast -6.8% | Prior -5.35% | Range -5.0%/-8.1%

Good Luck today, Traders!