Morning Juice – Europe Session Prep
Good Morning Traders
It is Monday the 2nd September, here is what to expect for the day.
Sentiment
Following the Bank of Japan’s interest rate boost in July and the Federal Reserve’s recent indication of impending reductions to US borrowing costs, currency experts have drastically reevaluated the yen’s direction.
The largest labour union in Israel is preparing to go on a statewide strike on Monday, marking the biggest attempt to date to pressure the government into a cease-fire in Gaza and secure the release of Hamas hostages.
In order to select the future prime minister of France, President Emmanuel Macron will meet on Monday with former Socialist Party official and premier Bernard Cazeneuve.
Lower oil on signage As economic challenges in China worsen, OPEC+ will move on with its plan to increase output starting in October.
Docket
03:50 ET
French Manufacturing PMI
Median Forecast 42.1 | Prior 42.1 | Range 42.3/42.1
03:55 ET
German Manufacturing PMI
Median Forecast 42.1 | Prior 42.1 | Range 42.3/42.1
04:00 ET
Eurozone Manufacturing PMI
Median Forecast 45.6 | Prior 45.6 | Range 46.2/45.6
04:00 ET
UK Manufacturing PMI Final
Median Forecast 52.5 | Prior 52.5 | Range 52.7/52.3
Good luck!
