Morning Juice – Europe Session Prep
Good Morning Traders.
It is Tuesday the 10th of February. Here is what to look out for today.
Sentiment
President Donald Trump said his pick to lead the Federal Reserve can stoke the economy to grow at a rate of 15%, an exceedingly rosy target that nonetheless underscores the pressure that Kevin Warsh will face if confirmed to the role. Australia’s consumer sentiment slipped in February after the Reserve Bank became the first major monetary authority to hike its key interest rate this year in an effort to tame stubbornly strong inflation. Prime Minister Sanae Takaichi’s election victory is handing Chinese leader Xi Jinping a dilemma: Engage with Japan’s most popular post-war leader or continue a deep freeze with the US’s top ally in Asia.
