Morning Juice – Europe Session Prep
Good morning, Traders!
It is Monday, the 31st of March. Here is what to expect for the day.
Sentiment
China’s finance ministry will inject $69 billion into four of the country’s top state banks through share placements, delivering on Beijing’s prior promise to strengthen the lenders’ capital reserves.
According to NBC News, Trump is unhappy with Putin and has threatened to impose ‘secondary tariffs’ on Russian oil if a ceasefire with Ukraine is not struck.
Iran has informed Trump that it will not engage in direct conversations with his administration, Iranian President Pezeshkian stated in televised remarks.
On a chat with Trump on Sunday evening, UK PM Starmer had ‘productive’ discussions about ‘an economic prosperity deal’ ahead of a critical week in which the government seeks to carve out exemptions from looming US tariffs.
Events
08:00 ET
German HICP YoY Prelim
Median Forecast 2.4% | Prior 2.6%
German CPI YoY Prelim
Median Forecast 2.2% | Prior 2.3%
Good luck!