Morning Juice – Europe Session Prep
Good Morning Traders.
It is Tuesday the 24th of February, here is what to look out for today.
Sentiment
The US is readying a spate of additional national security investigations that would enable President Donald Trump to impose new tariffs, as the administration seeks to rebuild his global tariff regime in the wake of last week’s Supreme Court ruling that struck down the country-specific emergency levies he imposed last year. A European Union assessment found that President Donald Trump’s new tariff policy will increase levies on some of the bloc’s exports, including cheese and some agricultural products, above the level permitted in their trade agreement. China blacklisted 20 Japanese firms including affiliates of Mitsubishi Heavy Industries, ramping up tensions with Tokyo. Japanese Trade Minister Ryosei Akazawa warned against any tariff moves that could leave Japan worse off than under a Japan-U.S. trade deal agreed to last year, during a phone call with U.S. Commerce Secretary Howard Lutnick as a new round of U.S. tariffs is set to take effect.
Docket
06:00 ET
UK CBI Distributive Trades
Forecast: -27 | Prior: -17 | Range: -17 / -27
Speakers
05:30 ET
ECB’s Kocher speaks in Vienna.
08:00 ET
Fed’s Goolsbee speaks at annual NABE economic policy conference.
