Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday the 13th of February. Here is what to look out for today.

Sentiment
China’s second-hand home prices fell at a slower pace in January, a rare positive sign during the prolonged property crisis Federal Reserve Governor Stephen Miran said the biggest risk to the economy is policymakers underestimating how much interest rates are restraining growth. The US and Japan remain far apart over which projects should be funded first under the framework of a $550 billion investment vehicle even as the two sides made progress in their latest round of talks, Japanese Trade Minister Ryosei Akazawa said. New Zealand’s 2-year inflation expectations rose to 2.37% in IQ from 2.28% in 4Q, according to the Reserve Bank of New Zealand. 2-year reading is highest since IQ 2024. The US and Taiwan finalized a trade agreement to cut tariffs, boost market access for American products in Asia and channel billions of dollars into US energy and technology projects.

Docket
02:30 ET
Swiss CPI
YoY – Forecast: 0.1% | Prior: 0.1% | Range: 0.4% / 0%
MoM – Forecast: 0% | Prior: 0% | Range: 0.3% / -0.1%
Core MoM – Forecast: 0.5% | Prior: 0.5% | Range: 0.6% / 0.4%

05:00 ET
Eurozone GDP
QoQ – Forecast: 0.3% | Prior: 0.3% | Range: 0.3% / 0.3%
YoY – Forecast: 1.3% | Prior: 1.3% | Range: 1.3% / 1.3%

Speakers
07:00 ET
BoE’s Pill speaks in a fireside chat hosted by Santander Corporate & Investment Banking.