Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday, the 8th of December. Here is what to look out for today.

Sentiment

Japan’s economy contracted in the three months ending in September, the government said in a revised report, providing some rationale for PM Takaichi’s stimulus package launched last month.

Despite the prolonged government shutdown, the US will end the year with 3% real GDP growth, according to Treasury Secretary Bessent on CBS’ Face the Nation.

Speculation is mounting that the BoJ is on track to hike interest rates this month, but market investors are still wagering that the Yen will fall versus the Dollar.

French President Macron called for a shift in monetary policy at the ECB to enhance the single market and protect it from the risks of a financial crisis.

Docket
02:00 ET
German Industrial Production
YoY SA – Forecast: -0.4% | Prior: -0.98% | Range: 0.1% / -1.1%
MoM – Forecast: 0.3% | Prior: 1.3% | Range: 1.1% / -2%