Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 12th of January. Here is what to look out for today.

Sentiment
Federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell over the central bank’s renovation of its Washington, DC, headquarters, the New York Times reported, citing officials briefed on the situation. Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed Australia’s household spending rose at a faster-than-expected pace in November, indicating consumers are feeling confident about their finances even as inflation and borrowing costs remain elevated. Speculation that Japanese Prime Minister  Takaichi will call for a snap election continues to rise as the leader of a partner in her party’s coalition cited a shift to “a new stage”. President Donald Trump said that the US is mulling potential options in response to reports of deadly crackdowns in Iran in the third week of nationwide protests, but added that Tehran’s leadership also reached out to seek talks.

Docket
04:30 ET
Eurozone Sentix Investor Confidence Index
Forecast: -4.9 | Prior: -6.2 | Range: -1.1 / -6