Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday the 31st of October. Here is what to look out for today.

Sentiment
China’s factory activity slump worsened in October, reaching its longest decline in more than nine years as a deepening economic slowdown sets in during the final quarter Inflation in Tokyo rose at a faster pace, supporting the case for the Bank of Japan to keep raising interest rates gradually and giving the yen a boost. The Japanese government is monitoring the yen with a strong sense of urgency, Finance Minister Satsuki Katayama said, sending her first clear warning on currency movements since taking on her role. US President Donald Trump emerged from his meeting with Chinese leader Xi Jinping beaming, labeling the conversation “truly great”.

Docket
03:45 ET
French CPI
YoY – Forecast: 1% | Prior: 1.2% | Range: 1.5% / 0.0%
MoM – Forecast: 0.1% | Prior: -1% | Range: 0.2% / 0%
HICP YoY – Forecast: 0.9% | Prior: 1.1% | Range: 1.1% / 0.8%
HICP MoM – Forecast: 0.1% | Prior: -1.1% | Range: 0.3% / 0%

05:00 ET
ECB Survey of Forecasters

06:00 ET
ECB CPI
YoY – Forecast: 2.1% | Prior: 2.2% | Range: 2.3% / 1.9%
MoM – Forecast: 0.2% | Prior: 0.1% | Range: 0.3% / 0%
Core YoY – Forecast: 2.3% | Prior: 2.4% | Range: 2.4% / 2.1%