Morning Juice – Europe Session Prep

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

Sentiment
Japan’s Finance Ministry will seek feedback from market players later Friday over its planned reductions to super-long bond issuance as it takes steps to quell market turbulence. Japan’s key consumer inflation measure accelerated more than expected to a fresh two-year high, as Prime Minister Shigeru Ishiba gears up for a summer election and the Bank of Japan mulls the country’s price trajectory. China was quick to condemn Israel after its assault against Iran. Yet President Xi Jinping has shown no sign of rushing to provide weapons and other support that would help Tehran face its most critical military test in decades. Canada has opened the door to increasing its tariffs on US steel and aluminum next month if trade talks with the Trump administration stall.

Docket
02:00 ET
UK Retail Sales
YoY – Forecast: 1.7%, Prior: 5.0%, Range: 2.8% / 0.5%
MoM – Forecast: -0.5%, Prior: 1.2%, Range: 0.5% / -1.6%
Core YoY – Forecast: 1.8%, Prior: 5.3%, Range: 2.4% / 0.6%
Core MoM – Forecast: -0.7%, Prior: 1.3%, Range: 0.3% / -1.7%
German PPI
YoY – Forecast: -1.2%, Prior: -0.9%, Range: -0.5% / -1.4%
MoM – Forecast: -0.3%, Prior: -0.6%, Range: 0.0% / -0.5%

02:45 ET
French Business Climate
Overall – Forecast: 96, Prior: 96, Range: 97 / 95
Manufacturing – Forecast: 98, Prior: 97, Range: 98 / 96

04:00 ET
ECB Economic Bulletin
Eurozone M3 Money Supply
Forecast: 4.0%, Prior: 3.9%, Range: 4.1% / 3.7%