Morning Juice – Europe Session Prep
Daily Dose, EU

Morning Juice – Europe Session Prep

Good Morning Traders! This Thursday we get the Eurozone Unemployment Rate.

Here is what to expect for the day.


The yen slipped below a level that sparked Japan’s current round of alleged currency support, highlighting the limited impact of market intervention.

Raphael Bostic, President of the Federal Reserve Bank of Atlanta, expressed confidence that the “explosive” pricing pressures witnessed during the Covid-19 outbreak will normalise over the following year. Australia’s inflation is persistently high and weighing severely on the finances of certain people, according to a top Reserve Bank official, underscoring the limits to additional interest-rate hikes.

The PBoC intends to boost the liquidity of yuan financial assets and expand risk-hedging instruments. Deputy Governor Tao Ling said in an interview with Financial News, which is supported by the central bank.

Options traders are boosting their wagers that the Federal Reserve will maintain interest rates higher for longer as they become more hawkish than their colleagues in the swaps market.


05:00 ET
Eurozone Unemployment Rate
Median Forecast 6.5% | Prior 6.5% | Range 6.6%/6.4%


Good Luck today, traders!