Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 20th of May. Here is what to look out for today.

Sentiment
The Chinese government accused the Trump administration of undermining recent trade talks in Geneva with its warning that using Huawei Technologies Co.’s artificial-intelligence chips “anywhere in the world” would violate US export controls Australia’s central bank warned that the unemployment rate would climb to nearly 6% in a “trade war” scenario where the US re-imposes higher ‘Liberation Day’ tariffs in 2026 and all countries retaliate. Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook. Major Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy.

Speakers
02:30 ET
EC President Von Der Leyen and others, will discuss the EU’s next long ­term budget for 2028-2034.

02:55 ET
ECB’s Wunsch delivers keynote speech at AFME’s 5th Annual European Financial Integration Conference.

04:00 ET
BoE’s Pill speaks at a briefing hosted by Barclays.

06:00 ET
ECB’s Knot Presents DNB’s Financial Stability Overview
ECB’s Cipollone in pre-recorded video interview during AsVis Sustainable Development Festival.