Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 22nd of January. Here is what to look out for today.

Sentiment
Australian unemployment unexpectedly fell in December as the economy added more jobs than anticipated, prompting traders to boost bets that the Reserve Bank will be forced to raise interest rates as early as next month. Treasuries climbed as strong demand for an auction of 20-year bonds allayed concerns about repercussions for US financial assets of President Donald Trump’s threats of Greenland-related tariffs, and advanced further after he backed down. President Donald Trump suggested that Jerome Powell would not enjoy his tenure if he stayed on the Federal Reserve’s Board of Governors after his term as chair expired, in the latest broadside against the central bank chief. Investors who bought into this week’s Treasuries selloff are reaping the reward after President Donald Trump backed off his threat to slap new tariffs on European nations as part of his push to acquire Greenland.