Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday, the 17th of September. Here is what to look out for today.

Sentiment

Gold and silver prices soared as concerns about credit quality in the US economy and heightened tensions between Washington and Beijing fuelled demand for safe havens.

Oil was set for a third weekly decrease as investors concentrated on oversupply and the consequences of renewed US-China trade tensions.

BoJ’s Ueda stated that the bank will continue to tighten if confidence in its economic outlook improves, leaving the door open for a near-term interest rate hike.

China’s economy likely expanded at the weakest in a year last quarter despite a surge in exports, a gap the Communist Party may attempt to resolve by advocating for higher consumption when it convenes for a critical conference next week.

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05:00 ET
Eurozone CPI YoY Final – Forecast: 2.2% | Prior: 2.2%
Eurozone CPI MoM Final – Forecast: 0.1% | Prior: 0.1%