Morning Juice – Europe Session Prep
Good morning, Traders.
It is Tuesday, the 19th of November, here is what to expect for the day.
Sentiment
ECB’s Vujcic suggested the risk of the ECB failing to meet its 2% inflation target has increased compared to 6 months ago.
The UK will have to weigh any tariff settlement proposed by Trump against broader worries about how it would effect trade relations with the EU.
Australia’s central bank believes its present policy settings are acceptable for attempting to reduce core inflation, which is still “too high,” while contemplating possibilities that could necessitate a rate cut, rise, or stay higher for longer.
Oil prices remained stable after the greatest advance in more than five weeks, as the dollar fell and a risk-on tone spread across global markets.
Good luck!
