Morning Juice – Europe Session Prep
Good morning, Traders!
It is Thursday, the 5th of December. Here is what to expect for the day.
Sentiment
Emmanuel Macron is seeking a new prime minister on Thursday after the far right joined forces with the left to pass a no-confidence resolution against his administration over a budget issue.
China continues to set a higher-than-expected Yuan fixing on Thursday, signalling support for the currency, which recently hit a one-year low.
South Korean President Yoon Suk Yeol chose a new defence minister on Thursday after accepting Kim Yong-hyun’s resignation and the opposition’s submission of motions to impeach both of them.
Bitcoin has reached $100,000 for the first time, expanding its year-to-date gain to 138%, on market optimism that Trump’s government will assist the digital-asset industry.
Events
02:00 ET
German Industrial Orders MoM
Median Forecast -2% | Prior 4.2% | Range 3.8% | -3.8%
06:30 ET
OPEC-JMMC Meetings
Good luck!
