Month: April 2018

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  Slowing inflation still not enough to provide relief for UK consumers

  Q1 consumer spending data has been abysmal in the UK This morning's Visa underscores that headline. It's something that I've been talking about for months[...]
  2018-04-16 11:25:07

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  Japan's Kono says trade war has major effects on global economy

  Japanese foreign minister Taro Kono speaks in Tokyo Do note that Japan and China are holding bilateral economic talks for the first time in eight[...]
  2018-04-16 11:25:07

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  HKMA's currency defense having little effect so far

  USD/HKD still sits at the top of the trading band - near 7.8500 The HKMA has spent about HK$9.7 billion already since Thursday last week,[...]
  2018-04-16 11:25:07

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  Nomura sees JPY weakening further as steady BOJ policy continues

  According to Yujiro Goto, currency strategist at Nomura Holdings in London Goto says that for yen bears, it could be a "crucial two weeks for[...]
  2018-04-16 11:25:07

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  Germany March wholesale price index m/m 0.0% vs -0.3% prior

  Latest data released by Destatis - 16 April 2018 Data released earlier than expected, the figures are via Bloomberg. The index measures the value of[...]
  2018-04-16 11:25:07

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  Nikkei 225 closes higher by 0.26% at 21,835.53

  Tokyo's main index closes marginally higher in a mixed session for Asian stocks A day where the trading range in the Nikkei is also narrow[...]
  2018-04-16 11:25:07

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  Eurostoxx futures +0.3% in early European trading

  European equity futures a little higher to start the week A mildly positive start to trading, which is a little buoyed by Asian stocks' performance[...]
  2018-04-16 11:25:07

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  Intervention in the HK dollar - HKMA sells USD, defends peg

  The Hong Kong Monetary Authority (HKMA) have intervened in the HKD market  - Bought HKD 2.44bn to defend the peg - First time HKMA have done[...]
  2018-04-16 11:17:14

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  Fed's Kashkari: Have not seen wage growth nationally

  President of the Federal Reserve Bank of Minneapolis, Neel Kashkari: - Have not seen wage growth nationally - likely still some slack in labor mkt[...]
  2018-04-16 11:17:14

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  GBP/USD - Topside continues to stall at the March highs

  Cable retreats after failing to breach the March highs near 1.4245 I earlier in the week that this was a level that will at least[...]
  2018-04-16 09:14:13

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