Morning Juice – Europe Session Prep
Good morning, Traders!
It is Thursday, the 9th of January. Here is what to expect for the day.
Sentiment
China’s consumer inflation fell further to zero, slowing for the fourth month in a row, undermining the government’s efforts to boost demand by infusing stimulus into the economy.
A faction of President-elect Trump’s allies is sceptical of Republicans’ chances of completing a comprehensive tax package in 2025, citing party infighting and strategy disagreements.
Japanese workers’ basic incomes increased the most in 32 years, providing potential support for the central bank to hike interest rates this month if other statistics confirm the premise that a positive economic cycle is growing.
Canada’s ruling Liberal Party is evaluating how it picks its new leader, expected to be the next prime minister, after Justin Trudeau said Monday that he will retire.
Events
02:30 ET
German Industrial Production YoY SA
Median Forecast -4.5% | Prior -4.75%
German Industrial Production MoM
Median Forecast 0.5% | Prior -1.0%
Good luck!
