Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday, the 5th of December. Here is what to look out for today.

Sentiment

Japan’s Finance Minister Katayama, says authorities will continue to closely monitor bond market movements after being questioned about the recent increase in long-term yields during a press conference.

National Economic Council Director Hassett said the Fed should lower interest rates at its meeting next week, forecasting a 25 bps cut as speculation grows that Trump would run the central bank.

US economic Representative Greer stated that the US prioritises a stable economic dynamic with China, despite pressure from some allies to take joint action against Beijing.

According to a review of earnings reports, Japan’s life insurers kept their hedging against the risk of a stronger Yen close to a 13-year low in the fiscal first half through the end of September.

Docket
02:00 ET
German Industrial Orders MoM – Forecast: 0.3% | Prior: 1.1% | Range: -2% / 2.8%

05:00 ET
Eurozone GDP Revised
QoQ – Forecast: 0.2% | Prior: 0.2% | Range: 0.2% / 0.3%
YoY – Forecast: 1.4% | Prior: 1.4% | Range: 1.3% / 1.5%