Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 4th of August. Here is what to look out for today.

Sentiment
The trade deal reached last month between the US and Japan was “win-win” for both countries, but implementing the terms of the pact may be a bigger challenge than reaching the deal, Japanese Prime Minister Shigeru Ishiba said. Japanese companies will make their own investment decisions, and the government does not have the authority to order them to sign agreements, Ishiba says, referring to the $550 billion US investment plan. President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may dramatically shape his economic agenda amid global anxiety. Trump Says Witkoff May Go to Russia Wednesday or Thursday.

Docket
02:30 ET
Swiss CPI
YoY – Forecast: 0.1%, Prior: 0.1%, Range: -0.2% / 0.1%
MoM – Forecast: 0.2%, Prior: -0.2%, Range: -0.5% / -0.1%
Core YoY – Forecast: 0.6%, Prior: 0.6%, Range: 0.5% / 0.7%

03:30 ET
Swiss Manufacturing PMI
Forecast: 49.6, Prior: 49.9, Range: 50.5 / 46.5

04:30 ET
Eurozone Sentix Investor Confidence
Forecast: 4.5, Prior: 6.9, Range: 10.0 / 2.5