Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 19th of February. Here is what to look out for today.

Sentiment
Australian unemployment stayed low in January and hiring remained strong, validating the Reserve Bank’s view that the economy can withstand tighter monetary policy without a sharp rise in layoffs. Oil steadied after its biggest daily gain since October, following a report that American military intervention in Iran could come sooner than expected. Prime Minister Sanae Takaichi faces a key decision on whom to tap for spots opening on the Bank of Japan’s board, nominations that will give economists and investors an indication of how aggressively she hopes to influence central bank policy. Federal Reserve officials appeared surprisingly wary of cutting interest rates when they met last month, with several even suggesting the central bank may need to raise rates if inflation remains stubbornly high.

Docket
06:00 ET
UK CBI Orders
Forecast: -28 | Prior: -30 | Range: -25 / -28