Morning Juice – Europe Session Prep
Good Morning Traders.
It is Monday the 15th of December. Here is what to look out for today.
Sentiment
New Zealand’s central bank expects to maintain the Official Cash Rate at current levels for some time if economic conditions evolve as expected, Governor Anna Breman said. The kiwi dollar fell. China’s retail sales growth was the weakest since COVID while investment slumped further, underlining growing risks to the economy after several months of deterioration. China’s home-price slump dragged on in November, the latest chapter in a years long downturn that policymakers have promised intensifying efforts to address. Confidence among Japan’s large manufacturers rose to the highest level in four years, reinforcing market expectations for the Bank of Japan to raise interest rates this week. National Economic Council head Hassett said he’d consider President Donald Trump’s policy opinions if picked to lead the Federal Reserve, but that the central bank’s interest rate decisions would remain independent.
Docket
05:00 ET
Eurozone Industrial Production
YoY – Forecast: 1.9% | Prior: 1.2% | Range: 2.2% / 0.9%
MoM – Forecast: 0.8% | Prior: 0.2% | Range: 1% / 0%
