Morning Juice – Europe Session Prep

Good Morning Traders.
It Is Friday, the 5th of April. Here Is What to Look out For Today.

Sentiment

Trump stated that he was willing to reduce tariffs if other countries could provide something “phenomenal,” implying that the White House was willing to negotiate despite the urging of some top officials.

Vietnam’s trade ministry has requested the Trump administration to postpone its planned 46% tariff on imported Vietnamese goods and engage in further talks.

A South Korean court dismissed President Yoon Suk Yeol from office for his ill-fated martial law declaration, clearing the door for a presidential election to fill a leadership void that has gripped the country for months.

Tariffs declared by the Trump administration on US trading partners would likely force the US and maybe the world economy into a recession in 2025 if they remain in place, according to JPMorgan’s top economist.

Docket
02:00 ET
German Industrial Orders MoM
Median Forecast: 3.4% | Prior: -7% | Range: 6.5% / -0.2%