Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 15th of October. Here is what to look out for today.

Sentiment
Fed’s Powell indicated that the US central bank is on pace to decrease interest rates by another quarter-point later this month, despite the fact that the government shutdown has a considerable impact on the economy.

The leaders of Japan’s main opposition parties are set to discuss Wednesday whether they can narrow policy gaps and select their own candidate for the nation’s prime.

Trump warned he would suspend trade in cooking oil with China, injecting new difficulties in the relationship between the world’s two largest economies.

Australia’s underlying inflation in the three months to September is likely to be stronger than the RBA had predicted, Assistant Governor Hunter said, implying that the labour market and broader economic conditions remain tight.

Docket
03:15 ET
French CPI
YoY NSA – Forecast: 1.2% | Prior: 1.2%
MoM NSA – Forecast: -1% | Prior: 1%