Morning Juice – Europe Session Prep
Good morning, Traders.
It is Thursday, the 17th of October, here is what to expect for the day.
Sentiment
Australia’s powerful stretch of hiring extended into September and the unemployment rate held steady, prompting a rise in the currency as traders scaled back bets on the Reserve Bank’s first interest-rate cut
Japan’s exports declined by the most since February 2021 in September, sapping momentum from the country’s economic recovery as global demand weakened.
China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures in late September to draw a line under the slowdown
Japan’s ruling Liberal Democratic Party may lose its outright majority in the lower house of parliament for the first time since 2009 in this month’s election while keeping control of the chamber with the help of its coalition partner, major Japanese media predicted Thursday. In Latin America’s haven for the rich,
Oil climbed, after four days of declines, as traders weighed potential risks to production from the Middle East against concerns over a global glut.
Events
05:00 ET
Eurozone CPI YoY Final
Medain Forecast 1.8% | Prior 1.8%
Eurozone CPI MoM Final
Medain Forecast -0.1% | Prior 0.1%
Good luck!
