Morning Juice – Europe Session Prep
Good Morning Traders
It is Tuesday the 17th September, here is what to expect for the day.
Sentiment
Leveraged funds are starting to differ on their yen positions ahead of the meetings between the Federal Reserve and Bank of Japan, which will determine the direction of the currency in the near future.
This week, as he sticks to policy, Bank of Japan Governor Kazuo Ueda must carefully ensure that investors are fully aware of impending interest rate hikes without upsetting the markets.
Oil prices remained stable this week as worries about the weakening demand picture overshadowed the Federal Reserve’s widely anticipated interest rate drop this week.
Docket
05:00 ET
German ZEW Economic Sentiment
Median Forecast 17 | Prior 19.2 | Range 30.0/10.0
German ZEW Current Conditions
Median Forecast -80 | Prior -77.3 | Range -78.0/-84.0
Speakers
03:30 ET
ECB’s Buch Speaks
03:30 ET
Germany’s Habeck & Lindner Speaks
Good luck!
