Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 18th of December. Here is what to look out for today.

Sentiment

Fed’s Waller backed further interest-rate cuts to get the central bank’s setting back to neutral, while saying policymakers need not rush to do so. Outlining a scenario where inflation continues to decrease through 2026, Waller said Wednesday that monetary policy settings remain 100 bpss over neutral.

The US has increased pressure on Venezuela’s leadership by implementing a series of sanctions aimed at stifling the country’s essential oil exports.

Oil rebounded from a four-and-a-half-year low as the United States signalled stronger sanctions against Russia in order to drive a peace deal in Ukraine and placed a ban on Venezuelan oil exports.

Bitcoin’s most established investors are still cashing out, and the pressure is beginning to show.

Docket

07:00 ET
BoE Bank Rate
Forecast: 3.75% | Prior: 4% |

08:15 ET
ECB Deposit Rate
Forecast: 2% | Prior: 2% |

ECB Interest Rate
Forecast: 2.15% | Prior: 2.15% |