Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday, the 25th of June. Here is what to look out for today.

Sentiment

China’s central bank introduced an overnight tenor to its open market operations, marking a key step in reshaping how it guides short-term borrowing costs and strengthening the transmission of monetary policy.

Brent crude erased all of its gains from the Iran conflict as tanker traffic through the Strait of Hormuz continued to normalize following progress toward a US-Iran peace agreement, easing concerns over global oil supply disruptions.

Australian employment rebounded in May, reversing the previous month’s decline, while the unemployment rate edged lower, supporting the RBA’s view that labour market conditions remain tight.

Japanese PM Takaichi unveiled a long-term economic strategy centred on large-scale investment in AI and semiconductors, alongside defence, space and shipbuilding, as the government seeks to strengthen the country’s industrial competitiveness.

BoJ board member Tamura said the central bank should raise interest rates every few months and accelerate the pace of tightening given increasing upside risks to inflation, reinforcing his position as one of the BoJ’s most hawkish policymakers.

Speakers
05:00 ET
ECB’s Moulin presents annual report on financial inclusion in Paris

06:00 ET
ECB’s Lane joins virtual panel participation at 21st IEA World Congress in Belgrade, Serbia.
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