Morning Juice – Europe Session Prep

Good Morning Traders
It is Tuesday, the 30th July. Here is what to expect for today:

Sentiment

Conditions in Japan’s labour market remained tight in June, which is likely to keep continued upward pressure on salaries as employers battle to hire and retain workers.

The US Treasury decreased its forecast for federal borrowing for the current quarter and projected that the government’s cash buffer would decline towards year-end, just ahead of a likely new showdown over the debt ceiling.

Oil stayed steady near a seven-week low on an uncertain demand picture, notably in the largest importer, China.

Docket

04:00 ET
German GDP YoY NSA Flash
Median Forecast 0.3% | Prior -0.9% | Range 0.9%/-0.1%

German GDP QoQ Flash
Median Forecast 0.1% | Prior 0.2% | Range.0.3%/-0.1%

05:00 ET
Eurozone GDP YoY Prelim Flash
Median Forecast 0.5% | Prior 0.4% | Range 0.6%/0.4%

Eurozone GDP QoQ Prelim Flash
Median Forecast 0.2% | Prior 0.3% | Range.0.4%/0.1%

08:00 ET
German HICP YoY Prelim
Median Forecast 2.5% | Prior 2.5% | Range 2.6%/2.2%

German CPI YoY Prelim
Median Forecast 2.2% | Prior 2.2% | Range.2.4%/2.1%

Earnings

06:45 ET
Pfizer Q2 2024 Earnings
Est. EPS $0.45| Est. Rev. $13.22B

06:55 ET
Proctor and Gamble Q2 2024 Earnings
Est. EPS $1.37| Est. Rev. $13.22B

Good luck!