Morning Juice – Europe Session Prep

Good Morning Traders! This Wednesday we get UK Mfg PMI data, as well as Pfizer and Mastercard earnings.

Here is what to expect for the day.

Sentiment

Federal Reserve policymakers are likely to leave interest rates constant for a sixth straight meeting and suggest no intentions for reduction in the near future, after higher-than-expected inflation.

The options market is more anxious about a possibly large shift in the S&P 500 Index off of the Federal Reserve’s interest rate decision Wednesday than it has been at any point in over a year.

New Zealand’s central bank warned that rising inflationary pressures might keep global interest rates high for longer.

Docket

04:30 ET
UK Mfg PMI Final
Median Forecast 48.7 | Prior 48.7 | Range 49.0/48.5

Good Luck today, Traders!