Daily Dose, EU

Morning Juice – Europe Session Prep

Good morning, Traders!
It is Thursday, the 2nd of January. Here is what to expect for the day.


Sentiment

China’s manufacturing activity slowed in December as investors awaited more economic stimulus when Donald Trump returned to the White House, threatening tariffs on Chinese exports.

Prime Minister Keir Starmer announced that his administration would spend the next year “rebuilding” Britain, acknowledging the magnitude of the job in turning around the country’s stagnating economy and high cost of living.

President-elect Donald Trump said he would encourage House Republicans to help elect Mike Johnson as speaker if necessary, noting that some members of the party were hesitant to let him keep the gavel.

Oil crept higher in the opening session of the new year after an industry data indicated that US oil stockpiles continued to drop.


Good luck!