Morning Juice – Europe Session Prep

Good Morning Traders.
It Is Wednesday, the 9th of April. Here Is What to Look out For Today.

Sentiment

Oil prices have fallen to four-year lows as a widening trade war threatens to hurt energy consumption, with investors braced for another wave of tariffs.

China’s central bank showed its willingness to let the yuan to sink even again, as the currency sank to a record low in offshore trading amid Trump’s increasing tariff threats.

Chinese Premier Li Qiang stated that his country has the policy instruments to “fully offset” any negative external shocks, and he expressed optimism about the world’s second-largest economy’s growth in 2025.

Treasurer Jim Chalmers will meet with Australia’s top economic experts amid growing worldwide alarm about Trump’s reciprocal tariff policy. This follows similar discussions with the heads of Australia’s big banks and super funds on Tuesday night.

Docket
02:15 ET
BoJ’s Ueda Speaks

03:35 ET
ECB’s Knot Speaks

05:00 ET
ECB’s Villeroy Speaks

08:30 ET
ECB’s Cipollone Speaks