Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 16th of September. Here is what to look out for today.

Sentiment
A US appeals court blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook from her post while her lawsuit challenging the dismissal proceeds Donald Trump’s economic adviser Stephen Miran is on his way to joining the Federal Reserve board after the Senate confirmed him to the post in a vote Monday evening. China ruled that Nvidia violated anti-monopoly laws with a high-profile 2020 deal, ratcheting up the pressure on Washington during sensitive trade negotiations The US will begin formally implementing a lower 15% tariff rate on imports of automobiles and auto parts from Japan as of Tuesday morning, according to the Trump administration, in line with a trade deal between the two economies. Treasuries have powered into first place among major sovereign bond markets this year as the prospect of a new round of Federal Reserve interest-rate cuts overturns widely held bearish views on US debt.

Docket
02:00 ET
UK Unemployment
Rate – Forecast: 4.7%, Prior: 4.7%, Range: 4.8% / 4.7%
Change – Forecast: -23K, Prior: -6.2K
UK Employment
Change SA – Forecast: -12K, Prior: -8K, Range: -5K / -25K
Change 3M/3M – Forecast: 220K, Prior: 238K, Range: 255K / 150K

05:00 ET
German ZEW
Current Conditions – Forecast: -73.6, Prior: -68.6, Range: -63 / -83
Economic Sentiment – Forecast: 25, Prior: 34.7, Range: 41 / 12
Eurozone Industrial Production
YoY – Forecast: 1.8%, Prior: 0.2%, Range: 2.4% / 0.9%
MoM – Forecast: 0.4%, Prior: -1.3%, Range: 0.7% / -0.3%