Morning Juice – Europe Session Prep
Good Morning Traders.
It is Wednesday the 18th of March. Here is what to look out for today.
Sentiment
US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who openly rejected his appeals, even as he repeated claims the conflict would end soon. Israel’s killing of Ali Larijani, a veteran Iranian politician known for his pragmatism and long experience helming national security, leaves the Islamic Republic’s wartime leadership largely in the hands of hardliners who may be less likely to seek a diplomatic pathway out of the war. Japan’s exports grew at a slower pace, as tariffs weighed on car shipments to the US fell and as demand in China slumped due to the Lunar New Year holidays. Oil held a gain as Iran confirmed the death of its security chief in a further intensification of the Middle East war that’s roiled global energy markets
Docket
06:00 ET
Eurozone CPI
YoY – Forecast 1.9%, Previous 1.9% | Range: 1.9% / 1.8%
MoM – Forecast 0.7%, Previous 0.7% | Range: 0.7% / 0.5%
Core YoY – Forecast 2.4%, Previous 2.4% | Range: 2.4% / 2.3%
