Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 23rd of October. Here is what to look out for today.

Sentiment
The Trump administration is weighing export restrictions against China that would bar the purchase of a wide swath of critical software, a White House official said Wednesday. Oil surged after the US announced sanctions on Russia’s biggest producers, as President Donald Trump ramps up pressure on his counterpart Vladimir Putin to negotiate an end to the war in Ukraine. Prime Minister Mark Carney laid out a strategy to double Canada’s exports to markets outside the US within a decade to net an extra C$300 billion in trade. Donald Trump said he planned to speak to Xi Jinping about China’s purchases of Russian oil when the two leaders meet next week in South Korea, after the US president on Wednesday announced fresh sanctions on top energy companies with ties to the Kremlin. President Trump says a Wall Street Journal report that the US lifted a key restriction on Ukraine’s use of some long-range missiles is “fake news,” in a post on Truth Social. Flows of Russian oil to major Indian processors are expected to fall to near zero after US sanctions on crude giants Rosneft PJSC and Lukoil PJSC, according to senior refinery executives.

Docket
03:30 ET
SNB Meeting Minutes