Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 25th of February. Here is what to look out for today.

Sentiment
Australia’s monthly inflation came in stronger than expected in January, driven largely by housing costs and suggesting monetary policy settings may need to be tightened further. Japan’s Prime Minister Sanae Takaichi’s government nominated two reflationist academics to join the Bank of Japan policy board on Wednesday, appointments that weakened the yen against the dollar. Federal Reserve Bank of Boston President Susan Collins said interest rates are likely to stay unchanged “for some time” as recent economic data shows an improvement in the labor market, while risks to inflation remain. Japan’s Prime Minister Sanae Takaichi is set to telegraph her preferences for the Bank of Japan’s interest rate trajectory by nominating two new policy board members, in her first such appointments.

Docket
02:00 ET
German GDP
QoQ – Forecast: 0.3% | Prior: 0.3% | Range: 0.3% / 0.2%
YoY SA- Forecast: 0.4% | Prior: 0.4% | Range: 0.4% / 0.3%
YoY NSA- Forecast: 0.6% | Prior: 0.6% | Range: 0.6% / 0.6%
German GFK Consumer Sentiment
Forecast: -23 | Prior: -24.1 | Range: -22 / -23.9

02:45 ET
French Consumer Confidence
Forecast: 90 | Prior: 90 | Range: 92 / 89

05:00 ET
Eurozone CPI
YoY – Forecast: 1.7% | Prior: 1.7% | Range: 1.8% / 1.7%
MoM – Forecast: -0.5% | Prior: -0.5% | Range: -0.5% / -0.6%
Core YoY – Forecast: 2.2% | Prior: 2.2% | Range: 2.3% / 2.2%