Morning Juice – Europe Session Prep

Good Morning Traders
It is Thursday, the 9th of October. Here is what to look out for today.

Sentiment

China has strengthened limitations on rare earths to cover things created elsewhere, adding another layer of restrictions to an industry that has been a source of contention between Beijing and Washington.

Hedge funds are favouring the Dollar in the option market, betting that the currency’s bounce against most major rivals will continue beyond the end of the year.

Takaichi, Japan’s new ruling party leader, has yet to strike an agreement with the party’s long-term coalition partner, Komeito, to renew their partnership, highlighting the difficulties she faces in establishing a stable administration.

The Yen’s role as a safe haven during times of global stress is being questioned, threatening to worsen a selloff that pushed the Japanese currency to an eight-month low this week.

Trump claimed a Middle East peace deal is ‘very close,’ as Israeli and Hamas officials expressed cautious optimism that talks beginning in Egypt would end the two-year conflict in Gaza.

Docket

07:30 ET
ECB Meeting Minutes