Morning Juice – Europe Session Prep

Good Morning Traders
It is Tuesday, the 14th of October. Here is what to look out for today.

Sentiment

Japan’s main opposition groups are expected to meet Tuesday to discuss the idea of rallying behind Tamaki as a single candidate to face ruling party leader Takaichi in a parliamentary vote to elect a prime minister.

The possibility of higher inflation at a time when the labour market is “still a little tight” prompted Australia’s central bank to leave interest rates steady last month, reaffirming that policymakers will remain cautious and data-dependent in future decisions.

After a three-day weekend, Japanese equities fell as the country’s government coalition collapsed and US-China trade tensions flared up again.

Silver prices rose to an all-time high above $52.50 per ounce, fuelled by a historic short squeeze in London.

Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of numerous assets may be beginning as investors strive to shield themselves from the hazards posed by excessive fiscal deficits.