Morning Juice – Europe Session Prep
Good morning, Traders.
It is Thursday, the 21st of November, here is what to expect for the day.
Sentiment
According to public broadcaster NHK, Japanese Prime Minister Shigeru Ishiba plans to propose a ¥21.9 trillion ($140 billion) economic stimulus program to address various concerns, including inflation and wage growth.
Fed’s Collins indicated that more interest rate decreases are needed, but policymakers should proceed carefully to avoid moving too hastily or too slowly.
The leader of Japan’s largest labour union is pushing on PM Ishiba’s government to speed efforts to raise wages, especially for workers at small enterprises, as they aim to achieve better results for next year’s pay negotiations.
The busiest maritime commerce complex in the US continued to move near-record levels of imports last month as corporations bring products in ahead of expected tariff increases and seek to avoid labor-related problems at other ports.
Good luck!