Morning Juice – Europe Session Prep
Good Morning Traders
It is Wednesday the 11th September, here is what to expect for the day.
Sentiment
The yen hit its highest level versus the dollar since January as BOJ Board Member Junko Nakagawa stated that the Bank of Japan will continue to modify policy as long as the economy performs as expected.
In their first debate, Republican Donald Trump and Democrat Kamala Harris sparred extensively, with the former president frequently going on the defensive about foreign policy, abortion rights, and the January 6 uprising.
After rapidly growing worries about the world’s oil supply caused a sharp selloff that knocked Brent below $70 per barrel for the first time in over two years, oil prices steadied.
Docket
02:00 ET
UK GDP Estimate YoY
Median Forecast 1.4% | Prior 0.7%
UK GDP Estimate MoM
Median Forecast 0.2% | Prior 0.0% | Range 0.3%/0.1%
UK GDP Estimate 3M/3M
Median Forecast 0.6%| Prior 0.6% | Range 0.6%/0.5%
UK Manufacturing Production MoM
Median Forecast 0.2% | Prior 1.1% | Range 0.6%/-0.2%
Good luck!