Morning Juice – Europe Session Prep

Good morning Traders. 
It is Tuesday the 23rd of December. Here is what to look out for today.

Sentiment
Australia’s central bank board discussed the circumstances under which it would have to pivot to interest-rate hikes in 2026 as inflation risks shift to the upside, while reiterating that any future moves will hinge on economic data, minutes of its Dec. 8-9 meeting showed. Japan has a “free hand” to take bold action against currency moves that are not in line with fundamentals. Finance Minister Satsuki Katayama said, in her strongest warning yet to speculators following the yen’s weakening even after a rise in interest rates. Bank of America Chief Executive Officer Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy. The Trump administration is illegally trying to cripple the Consumer Financial Protection Bureau by refusing to ask the Federal Reserve for funds needed to run the independent regulator, a group of mostly Democratic-led states said in a federal lawsuit. Traders are loading up on Treasury options targeting a bond rally that would send US 10-year yields back to 4% in coming weeks, a level not seen since the end of November.