Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday he 19th of November. Here is what to look out fore today.

Sentiment
Asian equities swung between gains and losses as investors weighed the fallout from the selloff in global stocks, with traders watching whether regional markets can stabilize after Wall Street’s sharp losses. Bank of Japan Governor Ueda is set to meet Finance Minister Katayama and Growth Strategy Minister Kiuchi later Wednesday. The meeting will begin at around 6:10 pm, and Katayama is expected to speak to reporters after, according to the Finance Ministry. President Donald Trump said he thinks he’s identified his choice to be the next chair of the Federal Reserve while asserting people are holding him back from firing the central bank’s current leader, Jerome Powell Australia’s annual wage growth remained elevated last quarter, underscoring a tight labor market and persistently weak productivity and suggesting inflationary pressures may take time to cool in a challenge for policy makers. Federal Reserve Governor Michael Barr warned that weakening the agency’s supervision may lead to “real dangers” accumulating in the banking system, which over time might sow the seeds of a crisis.

Docket
02:00 ET
UK CPI
YoY – Forecast: 3.5% | Prior: 3.8% | Range: 3.7% / 3.3%
MoM – Forecast: 0.4% | Prior: 0% | Range: 0.5% / 0.1%
Core YoY – Forecast: 3.4% | Prior: 3.5% | Range: 3.6% / 3.3%
Services YoY – Forecast: 4.6% | Prior: 4.7% | Range: 4.8% / 4.4%