Morning Juice – Europe Session Prep

Good Morning Traders
It is Wednesday, the 25th September, here is what to expect for the day.

Sentiment

August saw a partial cooling of the Australian inflation index as government support to mitigate the impact of energy costs became effective, resulting in lower headline prices.

As part of an overhaul of its policy framework, China’s central bank reduced the interest rate on its one-year policy loans while net removing cash from the lending facility. This move was made as the monetary authority moves towards a short-term instrument.

As the dollar and the yen lose their appeal, currency dealers are turning their attention to the sterling. According to data gathered, options trading volumes for the pound against the euro on the Depository Trust and Clearing Corporation increased significantly on Monday, reaching around 300% above the five-day average, and then above the average again on Tuesday.

Following its largest gain in almost a week, oil prices steadied as traders monitored events in the Middle East and the effect of China’s stimulus measures on demand.

Israel launched more airstrikes against Hezbollah positions in its most intense and deadly bombardment of Lebanon since the two sides’ catastrophic war in 2006.

Docket

02:45 ET
French Consumer Confidence
Median Forecast 92 | Prior 92 | Range 93/90

05:00 ET
OECD Economic Outlook

Speakers

04:00 ET
BoE’s Greene Speaks

Good luck!