Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 19th of January. Here is what to look out for  today.

Sentiment
US President Donald Trump’s announcement of new tariffs on eight European countries over Greenland weighed on risk sentiment as trading kicked off Monday. Oil steadied as tensions over Iran cooled and wider markets had a risk-off tone with President Donald Trump’s push to take Greenland. A possible cut to the tax on food purchases in Japan has emerged as a focal point ahead of a snap election expected to be held next month, after reports over the weekend that the ruling Liberal Democratic Party is weighing campaigning on the idea. White House economic adviser Kevin Hassett said President Donald Trump may well keep him in his current job, which would eliminate him from contention for the next Federal Reserve chair.

Docket
Eurozone CPI
YoY – Forecast: 2% | Prior: 2% | Range: 2% / 1.9%
MoM – Forecast: 0.2% | Prior: 0.2% | Range: 0.2% / 0.2%
Core YoY – Forecast: 2.3% | Prior: 2.3% | Range: 2.3% / 2.1%