Morning Juice – Europe Session Prep

Good Morning Traders.
It is Thursday the 13th of August. Here is what to look out for today.

Sentiment
A $42 billion auction of 10-year US Treasuries resulted in the highest yield for the benchmark securities since 2007, luring decent appetite from investors who’ve been demanding more compensation to finance the US government. US stocks advanced toward all-time highs, led by the technology sector, after a subdued inflation reading helped ease interest-rate hike concerns. The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election – changes that would disproportionately flow to some of the wealthiest US households. Iran has reorganized its military to be more aggressive abroad as talks on ending the war with the US remain mired in stalemate, a sign that Tehran is preparing for a protracted era of regional conflict.

Docket
02:00 ET
UK GDP
YoY – Forecast 1.1%, Previous 0.9% Range 1.2% / 0.9%
QoQ – Forecast 0.4%, Previous 0.6% Range 0.6% / 0.1%
Estimate MoM – Forecast 0.1%, Previous -0.1% Range 0.2% / -0.2%
UK Manufacturing Production
YoY – Forecast 1.2%, Previous 2.3% Range 1.8% / 0.7%
MoM – Forecast -0.1%, Previous 0.1% Range 0.5% / -0.6%

05:00 ET
Eurozone Industrial Production
YoY – Forecast -0.6%, Previous -1.2% Range -0.5% / -1.2%
MoM – Forecast 0%, Previous -0.2% Range 0.5% / -0.8%