Morning Juice – Europe Session Prep

Chinese banks maintained their benchmark lending rates after a significant reduction last month. The world’s second-largest economy is showing early signs of stabilisation after Beijing implemented its most aggressive stimulus package since the epidemic.

Japan’s exports increased more than expected in October, as demand from China and the rest of Asia remained strong despite rising concerns in global markets.

President-elect Trump continues to assemble his cabinet by reaching out to followers, allies, and television personalities. On Tuesday, he chose Howard Lutnick to run the Commerce Department, a critical position in an administration that would most likely be moulded by suggestions for significant tariff rises.

Some major market indices are beginning to imply that the Trump-inspired Dollar gain may have peaked, as bullishness driven by the US election fades.

Good luck!