Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 20th of November. Here is what to look out for today.

Sentiment
Japan is concerned by one-sided, sudden movements in the foreign-exchange market and is closely watching excessive fluctuations. Chief Cabinet Secretary Minoru Kihara says at a regular press briefing Thursday. Many Federal Reserve officials said it would likely be appropriate to keep interest rates steady for the remainder of 2025, according to minutes of the Federal Open Market Committee’s October 28-29 meeting. Bank of Japan board member Junko Koeda signaled that there could be a rate hike as soon as next month by pointing to the need for normalization, after the yen hit its lowest level in roughly 10 months. Nvidia delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector Australia’s labor market is too tight for inflation to settle within the central bank’s 2-3% target. Reserve Bank Assistant Governor Sarah Hunter said Thursday, even as policy makers try to gauge how close the economy is to full employment. China is considering new measures to turn around its struggling property market, as concerns mount that a further weakening of the sector will threaten to destabilize its financial system, according to people familiar with the matter.

Docket
02:00 ET
German PPI
YoY – Forecast: -1.7% | Prior: -1.7% | Range: -2.1% / -1.5%
MoM – Forecast: 0% | Prior: -0.1% | Range: 0.3% / -0.2%

06:00 ET
UK CBI Orders
Forecast: -33 | Prior: -38 | Range: -30 / -36