Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 7th of April. Here is what to look out for today.

Sentiment

Trump insisted on freedom of movement through the Strait of Hormuz as part of any settlement to end the Middle East conflict, and he intensified threats to destroy important Iranian facilities if his demands aren’t met by a Tuesday deadline.

Oil surged for a third day as Trump raised threats to destroy major Iranian facilities if his demands aren’t satisfied by a Tuesday deadline.

Japan’s households dropped spending for a third straight month, even after real wages turned positive, highlighting the precarious position of domestic demand.

Docket
03:55 ET
German Composite PMI Final
Forecast: 51.9 | Prior: 51.9

German Services PMI Final
Forecast: 51.2 | Prior: 51.2

04:30 ET
UK Services PMI Final
Forecast: 51.2 | Prior: 51.2

UK Composite PMI Final
Forecast: 51 | Prior: 51