Morning Juice - Europe Session Prep

Good Morning Traders.
It is Thursday the 1st of May. Here is what to look out for today.

Sentiment
The Bank of Japan left its benchmark rate unchanged at 0.5% and pushed back the timing for reaching its inflation target due to uncertainties from US tariff measures. US President Donald Trump’s administration has been seeking contact with Beijing to initiate talks on the massive tariffs Washington has imposed on China, according to a state-run media outlet. Donald Trump barely repelled a challenge to his global tariff offensive in the Republican-controlled US Senate as the president’s trade policy stokes public fears of inflation and recession. The European Union is planning to share a paper with the US next week that will set out a package of proposals to kick-start trade negotiations with the Trump administration