Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 4th of February. Here is what to look out for today.

Sentiment
Federal Reserve Governor Stephen Miran has stepped down from his post leading the White House’s Council of Economic Advisers, according to a Trump administration official. Hedge funds are reviving bets against the yen, positioning for renewed weakness as Japan heads into a pivotal election this weekend. Emerging-market stocks and currencies rebounded on Tuesday as a weaker dollar, easing volatility in precious metals and renewed optimism around. Asian technology stocks lifted risk appetite President Donald Trump’s nomination of Kevin Warsh to head the Federal Reserve has led investors in short-term interest rates to hedge against deeper policy easing this year than the broader market currently anticipates. The Chinese government has denounced a ruling by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports as “extremely absurd,” warning the Central American country would pay a “heavy price” if it fails to change course

Docket
03:50 ET
French PMI’s
Services – Forecast: 47.9 | Prior: 47.9 | Range: 48.5 / 47.9
Composite – Forecast: 48.6 | Prior: 48.6 | Range: 49 / 48.6

03:55 ET
German PMI’s
Services – Forecast: 53.3 | Prior: 53.3 | Range: 53.5 / 53.3
Composite – Forecast: 52.5 | Prior: 52.5 | Range: 52.7 / 52.5

04:00 ET
Eurozone PMI’s
Services – Forecast: 51.9 | Prior: 51.9 | Range: 52.6 / 51.9
Composite – Forecast: 51.5 | Prior: 51.5 | Range: 51.8 / 51.1

04:30 ET
UK PMI’s
Services – Forecast: 54.3 | Prior: 54.3 | Range: 54.3 / 53.8
Composite – Forecast: 53.9 | Prior: 53.9 | Range: 53.9 / 53.4

05:00 ET
Eurozone CPI
YoY– Forecast: 1.7% | Prior: 1.9% | Range: 2.2% / 1.6%
Core YoY– Forecast: 2.3% | Prior: 2.3% | Range: 1.6% / 2.8%