Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday, the 10th of September. Here is what to look out for today.

Sentiment

A judge temporarily prevented Trump from replacing Fed’s Cook, enabling her to remain on the job as she fights the president’s efforts to remove her on charges of mortgage fraud.

Consumer prices in China fell below zero for the first time in three months, but manufacturing deflation appeared to be improving as the government cracked down on excessive competition and overcapacity.

Japan’s 5-year government bond auction drew a demand ratio similar to its 12-month average as investors consider the BoJ’s rate rise path. The bid-to-cover ratio for the MoF’s debt sale was 3.7, up from 2.96 in the previous auction and 3.69 for the past year.

Trump has told European leaders that he is willing to put sweeping new taxes on India and China in order to get Putin to negotiate with Ukraine – but only if other EU states do the same.

Oil prices rose for a third session as investors considered Trump’s recent tariff threats against Russian crude buyers, as well as the potential consequences of Israel’s strike in Doha against Hamas’ leadership.