Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 7th of October. Here is what to look out for today.

Sentiment
President Emmanuel Macron gave his outgoing prime minister, Lecornu, 48 hours to negotiate with France’s political parties in a last-ditch effort to prevent the country from falling deeper into crisis. Japan’s 30-year government bond auction drew a stronger demand ratio than its 12-month average, easing investor concerns following the surprise victory of pro-stimulus conservative Takaichi in the ruling party leadership race. President Donald Trump said he would negotiate with Democrats over health care subsidies, a move that could open the door to resolving the government shutdown that has stretched into a second week. Japan’s household spending rose for a fourth month, showing resilience amid persistent inflation as the central bank continues to mull the timing of its next interest rate hike.

Docket
02:00 ET
German Industrial Orders MoM – Forecast: 1.2% | Prior: -2.9% | Range: 2.5% / -0.5%