Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 19th of August. Here is what o look out for today.

Sentiment
The US can maintain its credit strength despite the fiscal hit of a recent spending bill, in part because tariff revenues will reduce the pain, according to S&P Global Ratings, which has affirmed its rating for the world’s largest economy. US President Donald Trump called Vladimir Putin and urged the Russian leader to begin making plans for a summit with Zelenskiy, after meeting the Ukrainian president and European leaders at the White House on Monday. Japan’s 20-year government bond auction drew demand that was weaker than its 12-month average, reflecting investor caution about longer dated debt amid fiscal risks like higher government spending and tax cuts. The sale saw a bid-to-cover ratio of 3.09, compared with 3.15 at the previous auction and a 12-month average of 3.24.