Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 1st of April. Here is what to look out for today.

Sentiment
President Donald Trump said he foresaw the US ending the war on Iran within two to three weeks, suggesting the US had largely accomplished its military goals and would leave it to other nations to resolve issues with the Strait of Hormuz. Oil edged higher as traders weighed President Donald Trump’s call that the Iran war could end within weeks against more US troops arriving in the region and the continued near-closure of the Strait of Hormuz. Japan’s large manufacturers showed greater confidence in the state of business conditions for a fourth straight quarter even as the Middle East crisis erupted, an outcome that supports the Bank of Japan’s policy stance of continuing to raise interest rates.

Docket
03:50 ET
French Manufacturing PMI
Forecast: 50.2 | Prior: 50.2 | Range: 50.4 / 49.9

03:55 ET
German Manufacturing PMI
Forecast: 51.7 | Prior: 51.7 | Range: 51.9 / 51.7

04:00 ET
Eurozone Manufacturing PMI
Forecast: 51.4 | Prior: 51.4 | Range: 51.6 / 51.1

04:30 ET
UK Manufacturing PMI
Forecast: 51.4 | Prior: 51.4 | Range: 51.5 / 51

05:00 ET
Eurozone Unemployment Rate
Forecast: 6.1% | Prior: 6.1% | Range: 6.2% / 6%