Morning Juice – Europe Session Prep
Good morning, Traders.
It is Wednesday, the 6th of November, here is what to expect for the day.
Sentiment
Donald Trump’s improving presidential prospects reverberated across global markets on Wednesday, with US stock futures increasing, Treasury yields climbing, and the Dollar surging the most since March 2020.
European stock futures slumped on concerns that tariffs might also impact export-reliant businesses.
In contrast to Tuesday’s more relaxed session. Wall Street recognised the possibility for large swings nearly regardless of the election outcome.
Bitcoin surged to a record as traders across the world watched results trickle in from a US presidential election pitting digital-asset advocate Donald Trump against Harris, who served as vice president during a government assault on the industry.
Events
02:00 ET
German Industrial Orders MoM
Median Forecast 1.5% | Prior -5.8% | Range 7.0% | -0.2%
03:55 ET
German Services PMI Final
Median Forecast 51.4 | Prior 51.4 | Range 51.4
German Composite PMI Final
Median Forecast 48.4 | Prior 48.4 | Range 48.4
Good luck!
