Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 21st of April. Here is what to look out for today.

Sentiment
New Zealand inflation unexpectedly held above the top of the Reserve Bank’s l%-3% target last quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an Iran- war driven surge in fuel prices is still to come. President Donald Trump said he’s not likely to extend the two- week ceasefire with Iran, increasing the urgency for negotiators to conclude a deal to end the war. Keir Starmer did what he could to get through a parliamentary showdown over his handling of the Peter Mandelson scandal. His fate may now rest with a bureaucrat little known outside Westminster. Kevin Warsh will have the opportunity to map out his plans to remold the world’s most important central bank when he testifies Tuesday before the Senate Banking Committee. Oil slipped on signs that Iran will attend negotiations with the US in Islamabad before a ceasefire between the sides ends.

Docket
02:00 ET
UK Employment
Rate – Forecast: 5.2% | Prior: 5.2% | Range: 5.3% / 5.1%
Change – Forecast: 0K | Prior: 20K | Range: 15K / -20K
Unemployment Change 3M/3M – Forecast: 35K | Prior: 84K | Range: 90K / -60K
Average Weekly Earnings YoY – Forecast: 3.6% | Prior: 3.9% | Range: 3.8% / 3.4%

05:00 ET
German ZEW
Economic Sentiment – Forecast: -5.8 | Prior: -0.5 | Range: 15 / -25
Current Conditions – Forecast: -70.5 | Prior: -62.9 | Range: -60 / -77