Morning Juice – Europe Session Prep
Good Morning Traders.
It is Tuesday the 3rd of February. Here is what to look out for today.
Sentiment
Australia’s central bank raised its key interest rate on Tuesday, becoming the first major monetary authority to hike this year, as it judged domestic inflation pressures were persistent enough to warrant renewed restraint. Japan’s Finance Minister Satsuki Katayama said that Prime Minister Sanae Takaichi wasn’t overly highlighting the benefits of a weak yen at the weekend, in a move that suggested she was trying to preserve speculation over government intervention risks Treasury Secretary Scott Bessent says Federal Reserve Chair nominee Kevin Warsh is “off to a great start”. Republican opposition to President Donald Trump’s deal with Democrats to end the partial US government shutdown began to crumble late Monday despite the ongoing a standoff over the administration’s immigration crackdown.
Docket
02:45 ET
French CPI
YoY – Forecast: 0.6% | Prior: 0.8% | Range: 0.9% / 0.4%
MoM – Forecast: -0.1% | Prior: 0.1% | Range: 0.1% / -0.3%
HICP YoY – Forecast: 0.6% | Prior: 0.7% | Range: 0.8% / 0.4%
HICP MoM – Forecast: -0.2% | Prior: 0.1% | Range: 0% / -0.4%
