Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday the 21st of February. Here is what to look out for today.

Sentiment
The yen declined back below 150 against the greenback after Bank of Japan Governor Kazuo Ueda told parliament that officials would respond to a sharp rise in bond yields with nimble government debt purchases. Chinese technology stocks surged the most in three years, driven by optimism over Alibaba earnings.

Docket
02:00 ET
UK Retail Sales
Core YoY – Median Forecast: 0.6% | Prior: 2.9% | Range: 1.4% / -0.6%
Core MoM – Median Forecast: 0.9% | Prior: -0.6% | Range: 1.7% / -0.3%
MoM – Median Forecast: 0.5% | Prior: -0.3% | Range: 1.6% / -0.3%

02:45 ET
French Business Climate Manufacturing
Median Forecast: 96 | Prior: 95 | Range: 97 / 95
French Business Climate Overall
Median Forecast: 96 | Prior: 95 | Range: 96 / 94

03:15 ET
French PMI
Manufacturing – Median Forecast: 45.3 | Prior: 45 | Range: 46.5 / 44
Composite – Median Forecast: 48 | Prior: 47.6 | Range: 49 / 47.2
Services – Median Forecast: 48.9 | Prior: 48.2 | Range: 50 / 47.9

03:30 ET
German PMI
Manufacturing – Median Forecast: 45.5 | Prior: 45 | Range: 46 / 44
Composite – Median Forecast: 1.2% | Prior: 0.8% | Range: 1.5% / 0.6%
Services – Median Forecast: 52.5 | Prior: 52.2 | Range: 53 / 51

04:00 ET
Eurozone PMI
Manufacturing – Median Forecast: 47 | Prior: 46.6 | Range: 47.5 / 45.5
Composite – Median Forecast: 51.1 | Prior: 51.3 | Range: 52.1 / 51
Services – Median Forecast: 50.5 | Prior: 50.2 | Range: 51 / 49.9

04:30 ET
UK PMI
Manufacturing – Median Forecast: 48.5 | Prior: 48.3 | Range: 49 / 47.1
Composite – Median Forecast: 50.8 | Prior: 50.8 | Range: 51.5 / 50
Services – Median Forecast: 50.6 | Prior: 50.6 | Range: 51.2 / 50

Speakers
05:30 ET
ECB’s Centeno speaks about the Bank of Portugal’s functions at a school in Lisbon.