Morning Juice – Europe Session Prep
Good Morning Traders.
It is Tuesday the 16th of December. Here is what to look out for today.
Sentiment
Australia’s consumer confidence slumped in December as the Reserve Bank indicated that its brief easing cycle has come to an end and there’s the potential for a return to interest-rate hikes in 2026. Bitcoin dropped below $86,000 for the first time in two weeks, with investor sentiment weakening as the largest cryptocurrency slips deeper into bear market territory. The UK finalized a long-awaited free trade agreement with South Korea that the government said would boost exporters from automaker Bentley to beverages firm Diageo. US negotiators offered more significant security guarantees to Kyiv as part of President Donald Trump’s renewed push to end the Russia-Ukraine war, but the effort still appeared part of a bid to pressure President Volodymyr Zelenskiy on territory. Nasdaq, the second-largest exchange in the US, is looking for regulatory approval to extend trading hours on its stock venues to 23 hours during the work week.
Docket
02:00 ET
UK Employment
Employment Chnage SA – Forecast: -20K | Prior: -32K | Range: -10K / -45K
Employment Change 3M/3M – Forecast: -60K | Prior: -22K | Range: -20K / -100K
Unemployment Rate – Forecast: 5.1% | Prior: 5% | Range: 5.2% / 5%
03:15 ET
French PMI’s
Services – Forecast: 51.1 | Prior: 51.4 | Range: 51.7 / 50.2
Composite – Forecast: 50.2 | Prior: 50.4 | Range: 50.7 / 49
Manufacturing – Forecast: 48.1 | Prior: 47.8 | Range: 48.8 / 47
03:30 ET
German PMI’s
Services – Forecast: 53 | Prior: 53.1 | Range: 53.5 / 52.3
Composite – Forecast: 52.4 | Prior: 52.4 | Range: 53 / 50.8
Manufacturing – Forecast: 48.6 | Prior: 48.2 | Range: 49 / 47.9
04:00 ET
Eurozone PMI’s
Services – Forecast: 53.3 | Prior: 53.6 | Range: 54 / 52.7
Composite – Forecast: 52.6 | Prior: 52.8 | Range: 53.2 / 52
Manufacturing – Forecast: 49.9 | Prior: 49.6 | Range: 50.5 / 49.2
04:30 ET
UK PMI’s
Services – Forecast: 51.6 | Prior: 51.3 | Range: 52.4 / 50.5
Composite – Forecast: 51.5 | Prior: 51.2 | Range: 51.9 / 50.4
Manufacturing – Forecast: 50.2 | Prior: 50.3 | Range: 51 / 49.5
05:00 ET
German ZEW
Economic Sentiment – Forecast: 39 | Prior: 38.5 | Range: 45 / 34
Current Conditions – Forecast: -80 | Prior: -78.7 | Range: -75 / -83
