Morning Juice – Europe Session Prep
Morning traders!
Today is pretty quiet for the European session, with the only major release of German inflation reads.
Sentiment
The yen lagged its Group-of-10 peers as suspicion spread that Japanese investors were buying the dollar on dips, and Donald Trump’s social media tweet about a “great” convention with Mexico’s president reduced risk aversion. The won dropped as the Bank of Korea shocked with a 25 BPS rate cut.
08:00 ET
German CPI YoY Prelim Forecast 2.3%, Previous 2% Range 2.4%/1.9%
German HICP YoY Prelim Forecast 2.6%, Previous 2.4% Range 2.8%/2.3%