Month: April 2018

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  More from Trump: Hopes to work out trade dispute with China

  Reuters citing Trump from a radio interview 6 April - has good relationship with President Xi - there might be a little pain over trade[...]
  2018-04-06 19:25:06

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  Strap-in for non-farm payrolls (with a trade war on the side)

  Wages still at the top of the menu Another month rolls around with non-farm payrolls due at the bottom of the hour. The market is[...]
  2018-04-06 19:25:06

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  PBOC sets USD/ CNY mid-point today at 6.2926 (vs. yesterday at 6.2833)

  People's Bank of China sets the reference rate for the onshore yuan each day   PBOC skips open market operations today   
  2018-04-06 19:17:14

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  More from Fed's Brainard: Gradual rate increases are appropriate

  Earlier remarks from  Fed's Brainard: Monitoring extreme volatility of cryptocurrencies - US fiscal stimulus and other tail winds could help re-anchor inflation expectations
  2018-04-06 19:17:14

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  Fed's Brainard: Quite likely rates rise above predicted 'neutral' level in coming years

  Quite likely rates rise above predicted 'neutral' level in coming years due to US fiscal stimulus Member of the Board of Governors of the Federal[...]
  2018-04-06 19:17:14

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  Fed's Braniard spoke earlier - recap on her swing a little more hawkish

  Lael Brainard is a Governor of the Federal Reserve System; she spoke earlier today (late US time): In part, Brainard warned: That is via Reuters[...]
  2018-04-06 19:17:14

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  AUD/USD technical analysis - weekly and daily charts

  Société Générale technical analysis charts on the Australian dollar (client note dated April4):   Analyst remarks: SG then with a closer look (hourly chart):
  2018-04-06 17:14:12

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  USDJPY tests topside trend line on daily chart

  Trend line at 106.82 An earlier post looked at the hourly chart and outlined the break of the 106.597-687. Taking a broader look at the[...]
  2018-04-06 17:14:12

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  Huge turnaround in the stocks. Major indices close with decent gains.

  Gains of 1% (give or take) for the major indices. The major US stock indices opened way down after China retaliated with their own tariffs. [...]
  2018-04-06 17:14:12

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  The kiwi's day in the sun appears short-lived

  NZD/USD trades at the lows, 0.7253 currently When the kiwi started the day yesterday, all was . Fast-forward a day or so, and things are[...]
  2018-04-06 15:25:16

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