Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 30th of March. Here is what to look out for today.

Sentiment
Japan’s top currency official delivered his strongest warning yet to speculators after the yen crossed a key threshold, saying authorities may need to take bold action in the foreign exchange market if current conditions persist. Missile strikes ripped across the Middle East over the weekend as Iran and its proxies lobbed attacks at US allies, with neither Washington nor Tehran publicly accepting Pakistan’s offer to host talks to end the conflict. Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears the widening conflict will cause further chaos for energy markets. Iran’s weekend strikes on Middle Eastern aluminum plants are threatening to send a fragile market into crisis, raising the prospect of record prices for the metal used in everything from airplanes to food packaging and solar panels. Parts of Tehran lost electrical power after missile strikes on Sunday as Iran and its proxies lobbed attacks at US allies over the weekend and thousands more American military personnel moved into the region.

Docket
03:00 ET
Swiss KOF Indicator
Forecast: 101 | Prior: 104.2 | Range: 102.8 / 100

04:30 ET
UK Mortgage Lending – Forecast: 3.9B | Prior: 4.1B | Range: 4.2B / 3.3B
UK Mortgage Approvals – Forecast: 60K | Prior: 60K | Range: 63.5K / 58K
BoE Consumer Credit – Forecast: 1.6B | Prior: 1.8B | Range: 1.8B / 1.4B

08:00 ET
German CPI
YoY – Forecast: 2.7% | Prior: 1.9% | Range: 3.1% / 1.8%
MoM – Forecast: 1.1% | Prior: 0.2% | Range: 1.2% / 0.9%
Core YoY – Forecast: 2.9% | Prior: 2% | Range: 3% / 2.6%
Core MoM – Forecast: 1.2% | Prior: 0.4% | Range: 1.1% / 1%