Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 10th of March. Here is what to look out for today.

Sentiment
President Donald Trump said he would waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted on Monday that the war with Iran would resolve “very soon” as he confronted mounting economic and political pressure and days of dramatic fluctuations in oil markets. Oil plunged after US President Donald Trump said the Iran war will end soon, as he faces mounting pressure over the conflict that’s upended global energy markets and sparked concerns about an inflation crisis. China’s export growth accelerated far faster than expected in the first two months of the year, putting shipments on a record path before US and Israeli strikes on Iran disrupted global trade. Japan’s economy expanded in the final quarter of 2025 more than initially reported thanks to stronger corporate investment, as Prime Minister Sanae Takaichi urges further spending to develop key industries. Australia’s consumer confidence remained in pessimistic territory in March, with Reserve Bank Deputy Governor Andrew Hauser set to speak as concerns mount over the inflationary impact of the ongoing war in the Middle East.

Docket
03:00 ET
German Trade
Balance – Forecast: 15.4B | Prior: 17.1B | Range: 16.7B / 13.5B
Imports MoM – Forecast: -1.5% | Prior: 4% | Range: 1.5% / -3%
Exports MoM – Forecast: 0.2% | Prior: 1.4% | Range: 1% / -1%