Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday, the 8th of September. Here is what to look out for today.

Sentiment

Following weeks of calls for his resignation in the face of a second national election failure, Japanese PM Ishiba announced his resignation, kicking off a leadership battle that threatens to unsettle investors.

Japan’s economy expanded in the three months to June, the government affirmed in a revised report, as private consumption numbers were revised upward.

China’s export growth slowed more than expected in August, as weaker international demand and declining prices reduced the value of exports.

Oil increased after a weekly decrease ahead of a OPEC+ meeting on Sunday, which resulted in an agreement for a moderate output increase in October, indicating some caution from the group as the market faces a surplus.

Docket

02:00 ET
German Industrial Production YoY SA – Forecast: -0.3%, Prior: -3.53%, Range: 2% / -2%
German Industrial Production MoM – Forecast: 1%, Prior: -1.9%, Range: 2.2% / 0.5%