Morning Juice – Europe Session Prep
Good morning, Traders!
It is Tuesday, the 14th of January. Here is what to expect for the day.
Sentiment
According to persons familiar with the situation, members of Trump’s incoming economic team are proposing gradually increasing tariffs month by month in order to increase negotiation leverage while avoiding a jump in inflation.
According to Deputy Governor Himino, the BoJ will change policy if its economic forecast is met.
The yield on Japan’s 40-year government bonds has reached an all-time high, amid a global bond sell-off and speculation that the BoJ may raise interest rates shortly.
Oil prices remained at a five-month high, citing risks to world supplies from stronger US sanctions targeting Russian flows and expected trade penalties from the incoming Trump administration.
Good luck!
