Day: June 3, 2018

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  May ISM manufacturing 58.7 vs 58.2 expected

  May ISM manufacturing - Prior was 57.3  - Highest since March - Employment 56.3 vs 54.2 prior - Prices paid 79.5 vs 79.3 prior -[...]
  2018-06-03 21:15:30

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  S&P 500 rises to highest since May 24

  S&P 500 rebounds from tariff worries It's a new month, so flows are always dominant but I'm shocked that the market is so sanguine about[...]
  2018-06-03 21:15:30

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  BOC's Poloz: There's no question that tariffs add to uncertainty on monetary policy

  Comments from Bank of Canada Governor Poloz on Saturday - Risk to global economy are skewed by trade, monetary policy remains data dependent - Can't[...]
  2018-06-03 21:14:06

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  G7 told Mnuchin they have a message for Trump

  G7 statement Reuters reports that G7 ministers (excluding the US) asked US Treasury Sec Mnuchin to relay their "unanimous concern and disappointment" about the metals[...]
  2018-06-03 21:14:06

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  Euro drops to a two-day low in quick move, then rebounds

  Stops hit in EUR/USD  The euro ripped through stops below the 1.1650/40 in a quick move to a session low of 1.1617.  The wobble came[...]
  2018-06-03 21:14:06

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  Kim Jong-In letter says he wants to meet without making concessions - report

  Letter to be delivered today North Korean officials will hand-deliver a letter to the White House today that "expresses the North Korean leader's interest in[...]
  2018-06-03 21:14:06

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  New York Fed GDP Nowcast raised to 3.26% from 3.01%

  GDP tracker rose this week The US Q2 GDP estimate from the New York Fed rose after this week's data. "Positive surprises from personal consumption[...]
  2018-06-03 21:14:06

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  European equity close: Stocks bounce to mitigate a miserable week

  Closing changes for the main European equity indexes - German DAX +0.95% - UK FTSE 100 +0.3% - French CAC +1.2% - Italy MIB +1.5%[...]
  2018-06-03 21:14:06

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  Cable looks to finish at the best levels of the week

  The slightest bounce after six weeks of misery This week is a slight ray of sunshine after weeks of cloudiness for the pound sterling. Cable[...]
  2018-06-03 21:14:06

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  Baker Hughes US oil rig count 861 vs 859 prior

  Weekly oil and gas drilling data from Baker Hughes - Prior was 859 - Natural gas rigs 197 vs 198 prior - Total rigs 1060[...]
  2018-06-03 21:14:06

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