Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 28th of April. Here is what to look out for today.

Sentiment
Chinese officials reiterated their plan to strengthen support for employment and the economy amid the ongoing trade war with the Trump administration. President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda. S&P Global Ratings warned Australia’s prized AAA sovereign credit rating may be at risk if election campaign pledges result in larger structural deficits, debt and interest costs, highlighting fiscal pressures facing the next government. Oil steadied after a volatile week as traders parsed the latest signals in the trade war, prepared for details of how China aims to support its economy, and weighed geopolitical developments in Iran

Docket
06:00 ET
UK CBI Distributive Trades
Forecast -20 | Prior: -41 | Range: -20 / -41