Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 24th of December. Here is what to look out for today.

Sentiment
Donald Trump said he expects his Federal Reserve chair to lower interest rates if the economy is doing well, the latest signal that the president is eager for a nominee committed to borrowing cost cuts as he nears an announcement of his choice to replace Jerome Powell. Treasury Secretary Scott Bessent backed the idea of reconsidering the Federal Reserve’s 2% inflation target once the US has sustainably brought price increases back down to that pace. The US accused China of engaging in unfair trade practices in the semiconductor sector, but is declining to impose additional tariffs on chip imports until at least mid-2027. South Korea’s won strengthened after the authorities said excessive weakness in the currency isn’t desirable and foreign- exchange markets will soon see the government’s “strong determination.”