Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 30th of December. Here is what to look out for today.

Sentiment
President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry to make an announcement – while also musing that he might fire the central bank’s current leader, Jerome Powell. UK shoppers’ spending on their debit and credit cards dropped in 2025 for the first time since the pandemic, according to Barclays data that nevertheless showed people still willing to treat themselves with small luxuries and experiences Oil reversed Friday’s decline as US-led talks to end Russia’s war
in Ukraine faced new complications and China vowed to support growth next year. A measure of US bond-market volatility is heading for its biggest annual decline since the wake of the financial crisis with the Federal Reserve’s interest-rate cuts dampening risks of an economic downturn.