Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 26th of March. Here is what to look out for today.

Sentiment
President Donald Trump said he plans to limit exceptions to his tariff push, the latest cryptic hint about a planned April 2 announcement of reciprocal duties on global trading partners US tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter. Copper traded in New York rose to a record. President Donald Trump said it was possible that Vladimir Putin was avoiding finalizing a ceasefire agreement, but that he remained confident the Russian leader intended to strike a deal. The US said Russia and Ukraine agreed to a ceasefire in the Black Sea, even as the Kremlin said its involvement would depend on a series of preconditions, including sanctions relief. Chancellor of the Exchequer Rachel Reeves has pledged £2 billion ($2.6 billion) of funding for social and affordable homes, in a move that could appease members of her Labour party who are unhappy about sweeping cuts in other areas of government spending.

Docket
03:00 ET
UK CPI
YoY – Forecast: 3% | Prior: 3% | Range: 3.1% / 2.7%
MoM – Forecast: 0.5% | Prior: -0.1% | Range: 0.7% / 0.3%
Core YoY – Forecast: 3.6% | Prior: 3.7% | Range: 3.8% / 3.5%
UK RPI MoM
Forecast: 0.7% | Prior: -0.1% | Range: 1% / 0.5%

07:00 ET
UK Spring Budget Statement

08:00 ET
UK Spring OBR Forecasts