Morning Juice – Europe Session Prep
Good Morning Traders.
It is Thursday the 28th of August. Here is what to look out for today.
Sentiment
Japan’s two-year government bond auction Thursday met demand that was weaker than the 12-month average, as investors remain wary of the risk that the Bank of Japan will raise interest rates this year. The European Union is mulling introducing secondary sanctions in an effort to prevent third countries from helping Russia circumvent the bloc’s existing punitive measures against Moscow, according to people familiar with the matter. An unconventional plan by the Trump administration to charge a 15% commission on Nvidia Corp. AI chip sales to China hasn’t progressed beyond the early stages and could pose legal risks, according to the company. White House trade adviser Peter Navarro cranked up pressure on India to halt its purchases of Russian oil, repeating accusations that New Delhi is funding the Kremlin’s campaign in Ukraine and casting the conflict as “Modi’s war”
Docket
03:00 ET
Swiss GDP
YoY – Forecast: 1.3%, Prior: 2%, Range: 1.4% / 1.2%
QoQ – Forecast: 0.1%, Prior: 0.5%, Range: 0.3% / -0.1%
07:30 ET
ECB Meeting Minutes
