Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 11th of February. Here is what to look out for today.

Sentiment
Australia’s central bank Deputy Governor Andrew Hauser warned that inflation is still “too high” and remains a significant challenge for the interest-rate setting board, which can’t allow it to go on much longer. Federal Reserve Bank of Cleveland President Beth Hammack said interest rates could be on an extended hold while officials evaluate incoming economic data
China’s factory deflation eased more than expected in January, as downward pressure on prices moderates thanks to higher commodity costs and government efforts to rein in excessive competition among companies. The US House on Tuesday passed a bill that would seek to exclude China from global financial institutions if it were to threaten Taiwan and pose a danger to American interests. Oil gained as tensions in the Middle East focused on Iran outweighed a US industry report that pointed to a big rise in stockpiles