Day: December 17, 2017

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  Canada October manufacturing sales -0.4% vs +1.0% expected

  Canadian October manufacturing sales data - Prior was +0.5% (revised to +0.4%) - New orders +5.3% vs -1.8% prior - Unfilled orders +2.4% - Inventories[...]
  2017-12-17 20:47:12

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  It's all about the cross-currency basis today

  Year-end funding squeeze is on The law of unintended consequences is operating in full swing this year. Changes in banking rules made it tougher for[...]
  2017-12-17 20:47:12

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  US November industrial production +0.2% vs +0.3% expected

  November industrial production data - Prior was +0.9% - Manufacturing production +0.2% vs +0.3% expected - Prior was +1.3% (revised to +1.4%) - Capacity utilization[...]
  2017-12-17 20:47:12

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  Theresa May: We will leave the EU on March 29, 2019

  Some platitudes from May - We will be beginning talks about future EU relationship straight away - Still a lot more to do - EU[...]
  2017-12-17 20:47:12

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  US stocks bounce back at the open

  S&P 500 up 13 points at the open You can't keep the stock market down. Yesterday's worries about the tax bill are fading and yesterday's[...]
  2017-12-17 20:47:12

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  Senate Republican Cornyn: "I am confident will pass this bill, probably on Tuesday."

  Speaking on ABC's "This Week" The No. 2 Senate Republican, John Cornyn (Texax-R) said on ABC's "This Week" that he "is confident" Congress will pass[...]
  2017-12-17 20:47:08

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  FX early indications as the week kicks off

  Some of the early forex pricing rates as Monday slowly gets underway Not too much change from late Friday levels - AUD up a few[...]
  2017-12-17 20:47:08

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  CSX CEO Hunter Harrison dies

  Harrison was the greatest railroader alive On Friday, railway CSX announced that 73-year-old CEO Hunter Harrison was taking a medical leave. In a sign of[...]
  2017-12-17 20:47:08

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  New Austria government: You can have referendums, but not on EU membership

  Some democracy, but not too much Austria has formed a new government under designated Chancellor Sebastian Kurz. he said the government plans to strengthen options[...]
  2017-12-17 20:47:08

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  The Nasdaq composite index reaches a new record high. First record this month for the Nasdaq.

  All indices are at record breaking levels The Nasdaq composite has been more of a laggard of late. This week, the S&P and Dow were[...]
  2017-12-17 20:47:08

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