Morning Juice – Europe Session Prep
Good Morning Traders
It is Friday, the 19th of July. Here is what to expect today.
Sentiment
Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that while recent inflation data has been “really good,” the central bank has yet to attain price stability.
Japan’s inflation increased for the second month in June, leaving the door open for central bank policymakers to contemplate hiking interest rates when they meet to decide policy at the end of the month.
In May, Chinese investors sold a record amount of US securities, including stocks and bonds, as diplomatic tensions between the world’s two economies remained high.
President Joe Biden’s hold on the Democratic presidential nomination appeared to be eroding Thursday, as he pondered increasingly public warnings from his party’s top lawmakers while in isolation for a Covid-19 infection at his Delaware beach house.
Docket
02:00 ET
UK Retail Sales YoY
Median Forecast: 0.2% | Prior: 1.3% | Range: 1.2% / -0.8%
UK Retail Sales MoM
Median Forecast: -0.6% | Prior: 2.9% | Range: 0.5% / -2.8%
UK Core Retail Sales MoM
Median Forecast: -0.5% | Prior: 2.9% | Range: 0.4% / 1.6%
Earnings
07:00 ET
American Express Q2 2024 Earnings
Est. EPS $3.23 | Est. Rev. $16.59B
Good luck!
