Morning Juice – Europe Session Prep
Good Morning, Traders!
It is Wednesday, the 27th of November. Here is what to expect for the day.
Sentiment
In October, a measure of Australian inflation fell below expectations, thanks to government subsidies that helped lower major price drivers such as power and rental expenses.
According to persons familiar with the situation, President-elect Donald Trump’s transition team is preparing to appoint Jamieson Greer as the US Trade Representative.
South Korea intends to increase government support for domestic chipmakers next year, bolstering an industry that may confront hostile policies from the incoming Trump administration and more severe competition from Chinese rivals.
Donald Trump fired the first volley in his trade battle with China, promising an additional 10% tariff on Chinese imports. The question today for President Xi Jinping is how much more is coming.
Good luck!