Morning Juice – Europe Session Prep
Good Morning Traders
It is Thursday the 12th September, here is what to expect for the day.
Sentiment
Noting that Japan’s neutral policy rate is 1% or higher, Bank of Japan Board Member Naoki Tamura suggested that the central bank has to hike its benchmark rate more aggressively than many economists had been predicting.
For the first time in eight months, inflation as indicated by producer prices in Japan decreased as the price of goods related to energy declined.
According to persons with knowledge of the situation, China has firmly pushed its automakers to ensure that cutting-edge electric vehicle technology remains in the nation, even as they establish facilities abroad to avoid costly tariffs on
Following its largest gain in over two weeks due to Hurricane Francine’s impact on major Gulf of Mexico oil-producing regions, oil prices steadied as traders anticipated the release of IAEA market analysis.
Docket
08:15 ET
ECB Interest Rate
Median Forecast 3.65% | Prior 4.25% | Range 3.65%/3.65%
ECB Deposit Rate
Median Forecast 3.5% | Prior 3.75%% | Range 3.5%/3.5%
ECB Rate Statement
Good luck!
