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Morning Juice – Europe Session Prep
Good Morning Traders! This Monday we get a quiet session to kick off the week.
Here is what to expect for the day.
Sentiment
Japan’s benchmark government bond yield rose to its highest level since 2013 on hopes that the Bank of Japan is dedicated to normalising interest rates and supporting the ailing yen.
China’s latest housing push focuses on abandoned buildings, which have been a significant source of frustration in a crisis that has lasted almost three years. However, analysts think the bundle of actions is still insufficient to stem the meltdown.
Oil stabilised after a weeklong increase as geopolitical issues in Russia and the Middle East returned to focus following strikes over the weekend.
London continues to dominate European cities in attracting foreign direct investment in financial services, with the UK’s proportion of new projects hitting its highest level in a decade, according to an Ernst & Young poll.
Speakers
05:00 ET
BoE’s Broadbent Speaks
Good Luck today, traders!