Morning Juice – Europe Session Prep

Good Morning Traders.
It is Friday the 17th of April. Here is what to look out for today.

Sentiment
Deutsche Bank AG and Wells Fargo & Co. are among banks declaring the dollar’s war-driven haven rally is likely over as the fragile ceasefire between the US and Iran prompts investors to seek riskier assets. President Donald Trump struck an optimistic tone for prospects that the US and Iran could clinch a permanent ceasefire as the two sides discuss an extended truce ahead of its expiration next week. Oil dropped as President Donald Trump struck an optimistic tone on prospects for a permanent ceasefire between the US and Iran. Bank of Japan Governor Kazuo Ueda stressed the challenges for policymakers as they cope with upside risks to prices and downside risks to the economy stemming from the Middle East conflict, avoiding a clear signal on rates ahead of the bank’s policy decision this month. Former Treasury Secretary Henry Paulson suggested US authorities prepare a back-up plan in order to avert a potential future collapse in demand for Treasuries resulting from long- running concerns over the federal debt load – an event that he warned would have “vicious” effects.