Morning Juice – Europe Session Prep

Good Morning Traders.

It is Monday, the 17th of March. Here is what to look out for today.

Sentiment

China’s consumption accelerated to begin the year, helping to counter the impact of Trump’s tariffs, which are putting pressure on exporters in the world’s largest trading nation.

China will take steps to restore consumption by increasing people’s salaries, according to the official Xinhua News Agency, as part of a strategy that builds on the government’s recent commitments to support demand in an economy threatened by tariffs.

Treasury Secretary Bessent, a former hedge fund manager, said he is unconcerned about the recent collapse that has wiped trillions of Dollars off the equity market as the US strives to reform its economic policy.

Oil prices increased for a second day after main importer China announced it will take steps to promote consumption by increasing earnings, and the US ordered more operations on the Houthis in Yemen.