Morning Juice – Europe Session Prep
Good Morning Traders.
It is Friday, the 26th of June. Here is what to look out for today.
Sentiment
A vessel was struck by an unidentified projectile in the Strait of Hormuz, marking the first reported attack since the interim US-Iran peace agreement and threatening recent progress in restoring shipping through the critical energy corridor.
Allies of UK politician Burnham have reportedly urged the prospective prime minister to split the Treasury into separate departments in an effort to place greater emphasis on economic growth.
EU member states agreed to extend the suspension of tariffs on $4 billion of US goods linked to the longstanding Airbus-Boeing trade dispute, delaying the reimposition of retaliatory measures.
The Dollar is on track for one of its strongest monthly performances in a year as several Wall Street banks increasingly expect a broader recovery in the US currency.
The Yen has emerged as the best-performing G10 currency against the Dollar this month after stabilising just shy of its weakest level in nearly four decades.
Speakers
03:00 ET
ECB’s Pereira Speaks
04:30 ET
ECB’s Nagel Speaks
