Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 2nd of December. Here is what to look out for today.

Sentiment
Japan’s finance and economic ministers didn’t indicate any objections a day after Bank of Japan Governor Kazuo Ueda delivered the clearest hint yet pointing to the possibility of an interest rate increase this month. Japan’s 10-year government bond auction saw stronger demand than its 12-month average. The bid-to-cover ratio was 3.59 vs 2.97 at the last auction; 12-month average is 3.20. The tail was 0.04 vs 0.13 for prior sale. Japan’s 30-year government bond yield rose to a fresh peak of 3.41% ahead of the 10-year bond auction. Cyber Monday spending grew more slowly in the US than Europe, a new phenomenon that reflects the impact of President Donald Trump’s trade war and aggressive interest rate cuts by the European Central Bank, according to data released Monday by Salesforce. The Federal Reserve’s top bank cop plans to tell House lawmakers Tuesday that she will work to establish new rules for banks and stablecoins, as regulators seek to ensure healthy competition between Wall Street, fintechs and crypto firms. Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff

Docket
02:00 ET
BoE Financial Stability Report