Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 24th of June. Here is what to look out for today.

Sentiment
Trump said Iran will be able to use assets released from blocked accounts only to purchase food and medical supplies from the US, aiming to soothe concerns about peace talks that both sides believe are moving forward.

In May, Australia’s core inflation stayed above the Reserve Bank’s goal, confirming expectations that officials will continue to raise interest rates.

In a summary of thoughts from last week’s board meeting, the Bank of Japan underlined the necessity for future rises in the benchmark interest rate. The policy rate was lifted to the highest level since 1995.

China is limiting shipments of key critical minerals to Japan, causing a slowdown that is harming businesses and spurring calls for Prime Minister Sanae Takaichi to find a diplomatic exit with Beijing.

During his remarks on Tuesday, Treasury Secretary Scott Bessent expressed confidence in newly appointed Federal Reserve Chairman Warsh and projected that inflation would fall as the Iran issue subsided.