Morning Juice – Europe Session Prep
Good morning, Traders!
It is Friday, the 22nd of November. Here is what to expect for the day.
Sentiment
Japan’s key inflation gauge maintained above the central bank’s target even as price hikes tapered somewhat, in data that supports the central bank’s view that underlying inflation remains steady.
Ukraine said Russia launched a new type of ballistic missile at the city of Dnipro, in the latest escalation of hostilities and a worrisome signal to Kyiv’s Western allies.
Japan’s PM Ishiba estimates that the impending stimulus package will have an overall impact of ¥39 trillion ($250 billion), which typically includes private sector spending.
The US sanctioned Gazprombank, the last big Russian financial institution free from sanctions, closing a loophole that Washington held open throughout the crisis in Ukraine since the lender is crucial to energy markets.
Events
02:00 ET
UK Retail Sales MoM
Median Forecast -0.3% | Prior 0.3% | Range 0.3% | -0.8%
UK Retail Sales YoY
Median Forecast 3.4%% | Prior 3.9% | Range 4.1% | 2.4%
UK Core Retail Sales MoM
Median Forecast -0.4% | Prior 0.3% | Range 0.2% | -1%
German GDP Final QoQ
Median Forecast 0.2% | Prior 0.2% | Range 0.2% | 0.1%
German GDP Final YoY NSA
Median Forecast 0.2% | Prior 0.2% | Range 0.2% | 0.1%
03:15 ET
French Manufacturing PMI Flash
Median Forecast 44.5 | Prior 44.5 | Range 46 | 43.5
03:30 ET
German Services PMI Flash
Median Forecast 51.7 | Prior 51.6 | Range 52 | 41
German Manufacturing PMI Flash
Median Forecast 43 | Prior 43 | Range 45 | 41
German Composite PMI Flash
Median Forecast 48.7 | Prior 48.6 | Range 49.6 | 47
04:00 ET
Eurozone Manufacturing PMI Flash
Median Forecast 46 | Prior 46 | Range 47 | 44.8
04:30 ET
UK Services PMI Flash
Median Forecast 52 | Prior 52 | Range 52.6 | 51
UK Manufacturing PMI Flash
Median Forecast 50 | Prior 49.9 | Range 51 | 48.5
UK Composite PMI Flash
Median Forecast 51.7 | Prior 51.8 | Range 52.5 | 50.5
Good luck!
