Morning Juice – Europe Session Prep

Good morning, traders!

Sentiment

China withdrew funds from its banking system for the seventh consecutive month amid scepticism over monetary easing as currency depreciation pressures rise.

Britain’s house sellers dropped their asking prices for properties for the first time this year, as uncertainty over the election and stubbornly high mortgage rates held back confidence.

Oil slumped as an assassination attempt on Republican presidential candidate Donald Trump brought political risk into sharp focus, with China’s Third Plenum also beginning on Monday.

Docket
05:00 ET
Eurozone Industrial Production MoM
Forecast -0.8%, Previous -0.1% Range 0.1%| -2.0%

US Earnings
6:00 ET
Blackrock Q2 24 EPS est. $9.93 | Rev. Est. $4.83 bln

7:30 ET
Goldman Sachs Q2 24 EPS est. $8.36 | Rev. Est $12.34 bln

Good Luck Traders!