Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday, the 6th of August. Here is what to look out for today.

Sentiment

Oil held losses as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, raising the prospect of more energy flows resuming through the critical waterway.

Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, according to people familiar with the matter.

Global bond and currency investors are debating if it’s time to dust off last year’s “Sell America” trade after a flurry of economic-policy decisions out of Washington over the past two weeks.

Joint US-Japan intervention has supported the Yen for now, but isn’t a game-changer for the currency or the economy, former PM Kishida said, touting a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transform Japan’s fortunes.

Emerging-market carry trades, some of this year’s most popular foreign-exchange bets, are showing resilience even after joint US-Japan currency intervention dented the appeal of this Yen-funded strategy.