Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 15th of July. Here is what to look out for today.

Sentiment
China’s economic growth exceeded Beijing’s full-year target in the second quarter, as strong exports to markets outside the US helped sustain production and offset pressure caused by Donald Trump’s tariffs. Japan’s 10-year government bond yield touched the highest level since 2008, increasing the risk that turmoil in the debt market will spill over into higher borrowing costs for businesses and consumers. The European Union has finalized a second list of countermeasures to target US goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles and bourbon if it decides to retaliate as transatlantic trade tensions intensify. China Vanke said its loss for the first half of 2025 could reach as high as $1.67 billion, underscoring the lingering problems in the nation’s property market.. The US government withdrew from a longstanding trade agreement with Mexico governing tomato imports and will push forward with a new tariff of just over 17%, the US Commerce Department announced Monday.

Docket
05:00 ET
German ZEW
Economic Sentiment – Forecast: 50.4, Prior: 47.5, Range: 56.0 / 40.0
Current Conditions – Forecast: -66.0, Prior: -72.0, Range: -61.9 / -75.0
Eurozone Industrial Production
YoY – Forecast: 2.2%, Prior: 0.8%, Range: 3.6% / 0.1%
MoM – Forecast: 1.9%, Prior: 1.0%, Range: 1.3% / -2.4%