Morning Juice – Europe Session Prep

Good Morning Traders.
It is Wednesday the 1st of July. Here is what to look out for today.

Sentiment
The death toll from the twin earthquakes that struck Venezuela last week rose to nearly 2,000, as aftershocks eased in both frequency and intensity and authorities expanded recovery efforts. The Trump administration is planning to pay up to $500 million to help keep smaller meatpackers in business amid industry consolidation and elevated cattle prices. Thousands of people joined anti-migrant protests in South Africa on Tuesday, watched over by a massive police contingent that was deployed to prevent violence and intimidation. Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism.For the first time in three years, global central banks plan to reduce their exposure to the US dollar in the long term, according to a UK-based think tank.

Docket
02:00 ET
UK Nationwide House Prices
YoY – Forecast: 2.5% | Prior: 1.7% | Range: 2.6% / 2.2%
MoM – Forecast: 0.1% | Prior: -0.6% | Range: 0.5% / -0.2%

03:50 ET
French Manufacturing PMI
Forecast: 50.7 | Prior: 50.7 | Range: 50.8 / 50.7

03:55 ET
German Manufacturing PMI
Forecast: 50 | Prior: 50 | Range: 50.1 / 50

04:00 ET
Eurozone Manufacturing PMI
Forecast: 51.3 | Prior: 51.3 | Range: 51.6 / 51.2

04:30 ET
UK Manufacturing PMI
Forecast: 53.1 | Prior: 53.1 | Range: 53.6 / 52.4