Day: April 5, 2018

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  More from Kudlow: US GDP could reach 5% at least for a short period

  White House economic advisor Kudlow still speaking on Fox TV 5 April - 3-4% GDP possible - Trump's Amazon concerns are very reasonable 5% GDP?[...]
  2018-04-05 23:25:07

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  US Challenger March job cuts yy 39.4% vs -4.3% prev

  US Challenger March job cuts data now out 5 April - 60,357 job cuts in March  - highest monthly total since Apr 2016 Ouch. Not[...]
  2018-04-05 23:25:07

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  USD demand notable again as NA desks enter the fray

  We're seeing some USD buying again 5 April USDJPY back up to 107.07, GBPUSD testing 76.4% Fib support around 1.4030 that held after the soggy[...]
  2018-04-05 23:25:07

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  Coming up at the bottom of the hour: US and Canadian trade data

  Your next data risk at 12.30 GMT 5 April  Expectations: Trade data used to be very second tier readings but now will garner more attention[...]
  2018-04-05 23:25:07

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  RBA leaves cash rate unchanged at 1.50%

  The Reserve Bank of Australia announces its monetary policy decision - 3 April 2018 Pretty much the same stuff so far by the RBA as[...]
  2018-04-05 23:17:20

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  OK, here we go, more on "BOJ Tweaks Message as Dissenter Calls for More Easing"

  Bank of Japan headline from just a few minutes ago is here: BOJ headline - "said to tweak message as dissenter calls for more easing"[...]
  2018-04-05 22:41:15

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  EURUSD trading near (now above) mid-range. Watching 1.2303 above.

  Up and down price action  The EURUSD has seen a lot of up and down price action. The price is higher from yesterday's close (1.2267)[...]
  2018-04-05 21:14:12

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  UK Markit/CIPS March services PMI 51.7 vs 54.0 exp

  UK Markit/CIPS March services PMI data now out 5 April  - 54.5 prev - composite 52.5 vs 54.0 exp vs 54.5 prev Ouch. Not good[...]
  2018-04-05 19:25:19

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  Treasuries market shouldn't worry too much about China for the moment

  China has a couple of "Trump" cards to play, but dumping Treasuries may not be one of them The trade wars rhetoric between the two[...]
  2018-04-05 19:25:19

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  Eurozone February retail sales m/m +0.1% vs +0.5% expected

  Latest data released by Eurostat - 5 April 2018 A miss compared to expectations and poorer revisions. The data points for the Eurozone today has[...]
  2018-04-05 19:25:19

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