Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 14th of August. Here is what to look out for today.

Sentiment
US Treasury Secretary Bessent said the Bank of Japan is falling behind the curve in addressing inflation, in a rare comment admonishing policy decisions by a foreign central bank. Federal Reserve Bank of Chicago President Goolsbee said the central bank’s meetings this fall will be “live” as he and his colleagues try to interpret mixed economic data and how best to adjust interest rates in response. Australian employment rose and the jobless rate ticked lower, signaling the labor market remains tight and reinforcing the Reserve Bank’s cautious approach to policy easing. President Donald Trump’s controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering their plans for business with the country, offering a model for circumventing years of trade tensions.

Docket
02:00 ET
UK GDP
QoQ – Forecast: 0.1%, Prior: 0.7%, Range: 0.2% / 0.0%
YoY – Forecast: 1.0%, Prior: 1.3%, Range: 1.2% / 0.7%
Estimate MoM – Forecast: 0.2%, Prior: -0.1%, Range: 0.3% / 0.0%
UK Industrial Production
YoY – Forecast: -0.2%, Prior: -0.3%, Range: 0.2% / -1.3%
MoM – Forecast: 0.3%, Prior: -0.9%, Range: 0.8% / -0.7%

02:45 ET
French CPI
YoY – Forecast: 1.0%, Prior: 1.0%, Range: 1.0% / 1.0%
MoM – Forecast: 0.2%, Prior: 0.2%, Range: 0.2% / 0.2%
Core YoY – Forecast: 0.9%, Prior: 0.9%, Range: 0.9% / 0.9%
Core MoM – Forecast: 0.3%, Prior: 0.3%, Range: 0.3% / 0.2%

05:00 ET
Eurozone GDP
QoQ – Forecast: 0.1%, Prior: 0.1%, Range: 0.1% / 0.1%
YoY – Forecast: 1.4%, Prior: 1.4%, Range: 1.5% / 1.3%