Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 26th of August. Here is what to look out for today.

Sentiment
President Donald Trump moved to oust Federal Reserve Governor Lisa Cook following allegations from a White House ally that she falsified mortgage documents, a dramatic escalation in his battle to exert more control over the US central bank. Federal Reserve governor Lisa Cook says she will not resign, the Washington Post reports, citing a statement from Cook. Australia’s central bank board expects to lower interest rates further over the coming year to meet its policy objectives, with the pace of decline likely to hinge on economic data, minutes of its Aug. 11-12 meeting showed. President Donald Trump said the US has more leverage over China on trade than the other way around, citing airplane parts as a key item Washington has to counter Beijing’s restrictions on rare earths. China is sending a key trade negotiator to the US this week, the Wall Street Journal reported – indicating talks between the two sides are resuming after they agreed on a truce in their dispute. US President Donald Trump threatened additional tariffs and export restrictions on advanced technology and semiconductors in retaliation for digital services taxes that hit American technology companies.

Docket
02:45 ET
French Consumer Confidence
Forecast: 89, Prior: 89, Range: 90 / 87