Morning Juice – Europe Session Prep
Daily Dose, EU

Morning Juice – Europe Session Prep

Good Morning Traders
It is Thursday, the 10th October, here is what to expect for the day.


Sentiment

The Federal Reserve’s September meeting minutes revealed that some policymakers want to lower rates more gradually. This may be because the economy continues to be impressively resilient despite what Fed officials refer to as “restrictive” policies.

President Mary Daly of the Federal Reserve Bank of San Francisco stated that she anticipates the US central bank will keep cutting interest rates this year in an effort to support the labour market.

As part of a larger stimulus plan that was previously revealed and sparked a stock market surge, China’s central bank has established a swap facility to give institutional investors the cash they need to purchase stocks.

In the last weeks of the 2024 campaign, Donald Trump announced that he would eliminate US income taxes on Americans who reside abroad.


Speakers

03:45 ET
RBA’s Hunter Speaks


Good luck!