Morning Juice – Europe Session Prep
Good morning, Traders!
It is Wednesday, the 15th of January. Here is what to expect for the day.
Sentiment
Japan is unlikely to meet its objective of operating a primary budget surplus by the next fiscal year, according to reports quoting three people familiar with updated fiscal calculations.
Former Finance Minister Freeland and former central banker Mark Carney are increasingly vying for the position of PM of Canada, succeeding Justin Trudeau.
Donald Trump will speak virtually in Davos just three days after his inauguration as US president, in what is expected to be one of the most highly awaited presentations at the World Economic Forum.
China’s central bank pumped a large amount of short-term funds into its financial system on Wednesday, dialling up liquidity support amid a cash squeeze with the new year holiday looming. Israel and Hamas have agreed in principle to a draft deal for a ceasefire and hostage release, CBS reports, citing unidentified US, Arab & Israeli officials.
US President-elect Donald Trump’s threat to put 25% tariffs on Canadian imports, which has been hanging for more than a month, is now causing disruptions in Canada’s energy industry.
Events
02:00 ET
UK CPI YoY
Median Forecast 2.6% | Prior 2.6%
UK Core CPI YoY
Median Forecast 3.4% | Prior 3.5%
UK Services CPI YoY
Median Forecast 4.8% | Prior 5%
02:45 ET
French HICP YoY Final
Median Forecast 1.8% | Prior 1.8%
French CPI MoM NSA
Median Forecast 0.2% | Prior 0.2%
French CPI YoY NSA
Median Forecast 1.3% | Prior 1.3%
Good luck!
