Day: October 18, 2017

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  EU to internally signal next phase of Brexit talks after this week's summit

  Meetings will take place Oct 19-20 A senior German government official said he expects EU leaders at this week's summit to give a signal that[...]
  2017-10-18 19:47:09

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  OPEC leaning toward 9-month supply cut extension - report

  Reuters report The report cites four OPEC sources and said the decision may be postponed until early 2018 if the market is performing well when[...]
  2017-10-18 19:47:09

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  Euro climbs to session high but the bond market is a big headwind

  German-US spreads are widening Spreads and FX rates don't diverge for long. The market is loaded up on euros because of the expectation Draghi will[...]
  2017-10-18 19:47:09

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  Atlanta Fed GDPNow forecast still at 2.7%

  Housing starts data was a negative Today's housing starts numbers were a slight negative but not enough to lower the 2.7% Q3 GDP estimate in[...]
  2017-10-18 19:47:09

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  US weekly oil inventory and production data coming up

  Data due at the bottom of the hour The prior reading was -2747K and the consensus is -3250K but that's likely out-of-whack after the huge[...]
  2017-10-18 19:47:09

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  US EIA weekly oil inventories -5731K vs -3250K expected

  Weekly petroleum inventory and production data from the Department of Energy Production: API data released yesterday: - -11.3% w/w - 8.406 mbpd vs 9.48 mpbd[...]
  2017-10-18 19:47:09

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  Three signs China could hit pause on the growth-machine next year

  Two signs from Xi's 203 minute speech Chinese President Xi Jinping delivered a nearly three-and-a-half hour speech earlier today where he laid out the future[...]
  2017-10-18 19:47:09

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  European major indices higher. FTSE 250 closes at record high.

  UK FTSE 100 up 0.7%. German Dax up 0.32%.  10 year yields higher. The European stocks markets are closed and the UK FTSE 250 closing[...]
  2017-10-18 19:47:09

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  Euro hits stops in run to session high

  EUR/USD quickly closes in on 1.18 The euro was under pressure early in European trading but it finished strong and the momentum continued with a[...]
  2017-10-18 19:47:09

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  Barclays: Will reserve managers take EUR/USD higher?

  Barclays on FX reserves Barclays Capital FX Strategy Research discusses the possible impact of the rebalancing of the EUR reserve managers on EUR/USD over the coming months.[...]
  2017-10-18 19:47:09

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