Morning Juice – Europe Session Prep
Good morning, Traders!
It is Tuesday, the 7th of January. Here is what to expect for the day.
Sentiment
Japanese Finance Minister Kato reiterates the government’s current stance on the foreign exchange market, stating that authorities will take appropriate action against excessive movements.
In a stunning action weeks before Donald Trump enters office, the US has blacklisted Tencent and Contemporary Amperex Technology for alleged links to the Chinese military, targeting the world’s largest gaming publisher and top electric-vehicle battery maker.
Mark Carney, a former governor of the BoC and the BoE, has expressed interest in running for Prime Minister of Canada to succeed Justin Trudeau.
The US Dollar reversed a steep loss against most major currencies on Monday as Trump rejected a report that his tariff plans would be less wide than previously thought, with currency volatility buffeting traders who had piled into long positions on the greenback to begin the year.
Events
02:30 ET
Swiss Core CPI YoY
Median Forecast 0.8% | Prior 0.9%
Swiss CPI MoM
Median Forecast -0.1% | Prior -0.1%
02:45 ET
French CPI YoY NSA Prelim
Median Forecast 1.5% | Prior 1.3%
French CPI MoM NSA Prelim
Median Forecast 0.3% | Prior -0.1%
French HICP YoY Prelim
Median Forecast 1.9% | Prior 1.7%
05:00 ET
Eurozone Unemployment Rate
Median Forecast 6.3% | Prior 6.3%
Eurozone Core CPI YoY Flash
Median Forecast 2.7% | Prior 2.7%
Eurozone CPI YoY Flash
Median Forecast 2.4% | Prior 2.2%
Good luck!
