Morning Juice – US Session Prep (19th January)

Sentiment
The dollar fell about 0.2% after US President Donald Trump threatened fresh tariffs on eight European countries if they oppose his plan to acquire Greenland. The US cash bond market is closed on Monday for a public holiday.

Trump said he would impose tariffs on eight European nations, including Denmark and the UK, after they said they would conduct token NATO military exercises in Greenland.

European stocks and US equity futures declined, while safe-haven assets such as gold rallied following the tariff threat. The euro and Swiss franc both advanced.

Docket
Canadian CPI YoY Forecast 2.2%, Previous  2.2% Range 2.4% / 2%
Canadian CPI MoM Forecast -0.3%, Previous 0.1% Range 0.4% / -0.6%

Speakers & Events
N/A