Day: April 8, 2018

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  S&P 500 falls to session low

  Sentiment continues to weaken Powell is still to come so the week isn't over yet but sentiment continues to struggle. It's all about trade and[...]
  2018-04-08 23:25:14

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  Weekly FX moves: Canadian dollar leads the way

  NAFTA news boosts the loonie It was a twisty-turny week in the foreign exchange market but the Canadian dollar led the way on positive NAFTA news[...]
  2018-04-08 23:25:14

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  USD/JPY falls to session low as yields and stocks sink

  Trade war worries ramp up USD/JPY fell below 107.00 to a fresh daily low as stocks and Treasury yields sink. US 10-s are down 5.6[...]
  2018-04-08 23:25:14

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  New York Fed Q1 GDP Nowcast 2.77% vs 2.71% prior

  The latest tracking estimate from the New York Fed The tracking estimate for Q1 was bumped to 2.77% from 2.71%. "The positive impact of parameter[...]
  2018-04-08 23:25:14

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  European equity close: Losses throughout the continent

  Closing changes for the main bourses: - UK FTSE 100 -0.4% - German DAX -0.5% - French CAC -0.5% - Spain IBEX -0.8% - Italy[...]
  2018-04-08 23:25:14

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  Baker Hughes US oil rig count 808 vs 797 prior

  Weekly oil and gas drilling data from Baker Hughes - Highest since 2015 - Prior was 797 - Gas rigs 194 vs 194 prior Drill[...]
  2018-04-08 23:25:08

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  Treasury Sec Mnuchin: "There is the potential for a trade war"

  Mnuchin on CNBC - Objective of US is still not to have a trade war with China - We are in communication with China constantly[...]
  2018-04-08 23:25:08

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  Kudlow solution to China dispute possible within 3 months. Tariffs not a bluff

  More from Kudlow - China response to tariff initiative was 'highly unsatisfactory' - Hopefully in the coming months, dialogue with China will be more satisfactory[...]
  2018-04-08 23:25:08

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  US February consumer credit +$10.60B vs +$15.5B expected

  US February consumer credit - Prior was $13.91B - Revolving credit +$148M - Non-revolving credit +$10.45B Looks like it's all auto loans.
  2018-04-08 23:25:08

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  NAFTA: Canada's Freeland cites 'good conversations' in negotiations

  More upbeat comments - NAFTA teams will continue to work intensively in the days to come Trudeau also speaking: - Says will continue to stand[...]
  2018-04-08 23:25:08

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