Morning Juice – Europe Session Prep

Good Morning Traders
It is Thursday, the 3rd October, here is what to expect for the day.

Sentiment

Japan’s Ishiba: Spokesman Says BOJ Is in Charge of Monetary Policy

Keeping financial conditions loose is the Bank of Japan’s top priority at the moment, policy board member Asahi Noguchi stated in a lecture in Nagasaki, Kyushu

As traders evaluated Middle Eastern supply risks, oil prices increased for a third day. Israel is anticipated to launch a retaliatory strike against Iran in response to Tehran’s earlier this week missile bombardment.

The International Monetary Fund disagreed with the government’s assertion that its measures aren’t having an effect on price pressures, stating that Australia will need to limit fiscal spending if inflation doesn’t continue to decline.

In response to a missile bombardment this week, President Joe Biden warned that Israel should refrain from targeting Iran’s nuclear facilities. The Group of Seven countries are attempting to contain an escalating confrontation that may draw the US even further into

Docket

02:30 ET
Swiss Core CPI YoY
Median Forecast 1.1% | Prior 1.1% | Range 1.3%/1.1%

Swiss CPI YoY
Median Forecast 1% | Prior 1.1% | Range 1.2%/0.8%

Swiss CPI MoM
Median Forecast -0.1% | Prior 0.0% | Range 0.1%/-0.3%

03:55 ET
German Services PMI Final
Median Forecast 50.6 | Prior 50.6 | Range 50.8?50.6

German Composite PMI Final
Median Forecast 47.2 | Prior 47.2 | Range 47.2/47.2

04:30 ET
UK Services PMI Final
Median Forecast 52.8 | Prior 52.8 | Range 53.0/52.7

UK Composite PMI Final
Median Forecast 52.9 | Prior 52.9 | Range 53.0/52.0

Good luck!