Morning Juice – Europe Session Prep
Good morning, Traders.
It is Monday, the 18th of November, here is what to expect for the day.
Sentiment
Bank of Japan’s Governor Ueda stated that the timing of the central bank’s next policy adjustment will be determined by the economy and prices, emphasising his data-dependent posture and leaving his options open for when to raise interest rates.
The search for Trump’s main economic policymaker deteriorated into chaos over the weekend, with contenders vying for support, aides rushing to identify alternative options, and the president-elect angry at the behind-the-scenes chaos that has spilt into public view.
During his farewell meeting with Joe Biden, Xi Jinping sent a clear message to Donald Trump: China wants to remain friends but is prepared to fight if necessary.
Oil fell weekly on concerns about ample supply and the outlook for demand in China, the world’s largest crude importer.
Good luck!
