Morning Juice – Europe Session Prep
Good Morning Traders.
It is Tuesday the 27th of January. Here is what to look out for today.
Sentiment
President Donald Trump threatened to hike tariffs on goods imported from South Korea to 25%, citing what he said was the failure of the country’s legislature to codify the trade deal the two nations reached last year. Australian business sentiment rebounded ahead of next week’s Reserve Bank meeting, its first of the year, when policymakers may be forced to raise interest rates to help contain price pressures.
Gold rose, holding above $5,000 an ounce for a second day, as a weak dollar helped to extend a blistering rally fueled by geopolitical risks and investor flight from sovereign bonds and currencies. China’s industrial enterprises saw their earnings rise for the first time in three months after producer deflation showed signs of easing.
Docket
02:45 ET
French Consumer Confidence
Forecast: 90 | Prior: 90 | Range: 92 / 88
