Morning Juice – Europe Session Prep

Good Morning Traders.
Today is the 14th of July. Here is what to look out for today.

Sentiment
The EU is preparing to step up its engagement with other countries hit by Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners, according to people familiar with the matter. China’s export growth accelerated for the first time since March, driven by a reduction in US tariffs and robust demand from key overseas markets. China’s economy likely expanded just above the government’s full-year growth target in the second quarter, easing pressure on Beijing to roll out additional stimulus in the near term Option traders are beginning to flip the script on Japan’s currency with some of them bracing for political shocks, trade flare-ups, and shifting Federal Reserve expectations to push the yen lower against the dollar. President Donald Trump and his allies have seized upon a new way to criticize the head of the US central bank: his handling of an expensive renovation of the Federal Reserve’s headquarters Oil steadied after President Donald Trump escalated the trade war, with threats of 30% tariffs on goods from the European Union and Mexico hurting appetite for risk and the outlook for energy demand

Speakers
03:30 ET
ECB’s Vujcic speaks at annual meetings of national regulators, at the Croatian central bank in Zagreb.