Morning Juice – Europe Session Prep
Good Morning Traders
It is Monday, the 7th October, here is what to expect for the day.
Sentiment
Trading is being shaped by signs of resilience in the world’s largest economy after employers added the most US jobs in six months in September. Wagers on a “no landing” scenario – where US growth momentum remains intact and inflation reignites – stand to boost the greenback while triggering a drop in haven assets. A gauge of Chinese stocks in Hong Kong jumped to the highest level in more than two years before mainland markets reopen Tuesday after a week-long holiday.
Docket
02:00 ET
German Industrial Orders MoM
Meddian Forecast -2% | Prior 2.9% | Range 5.0%/-3.5%
Speakers
03:05 ET
ECB’s Cipollone Speaks
03:45 ET
ECB’s Lane Speaks
Good luck!