Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 23rd of February. Here is what to look out for today.

Sentiment
Senior US officials said President Donald Trump’s tariff defeat at the Supreme Court won’t unravel deals negotiated with US partners as they sought to defend the administration’s assertive trade policies. In a swift reversal of fortunes, countries that had been hardest hit by US President Donald Trump’s tariffs have emerged as the biggest winners from the Supreme Court’s decision to strike down his emergency levies. Oil fell as investors weighed the odds of a nuclear deal between the US and Iran, with more negotiations on the issue expected later this week as American forces mass in the Middle East. New Zealand retail sales increased more than economists expected in the fourth quarter, suggesting the economic recovery maintained its momentum in the final months of 2025

Docket
04:00 ET
German IFO’s
Expectations – Forecast: 90 | Prior: 89.5 | Range: 91 / 88
Business Climate – Forecast: 88.3 | Prior: 87.6 | Range: 90.5 / 87.8
Current Conditions – Forecast: 86.2 | Prior: 85.7 | Range: 87.5 / 85.8