Day: June 7, 2018

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  Wilbur Ross: US has completed deal with ZTE

  On CNBC now ZTE deal: - Imposes the most strict compliance - Create compliance component into the company  - Replace entire mgt and board within[...]
  2018-06-07 19:27:08

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  UK official: UK will leave customs union when it leaves EU

  Irish backstop should come to an end in Dec 2021 - UK to apply the same rules as EU during implementation period - Backstop would[...]
  2018-06-07 19:27:08

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  US jobless claims coming up

  Expectations is 220K vs 221K last week The US jobless claims are the only release today.  The expectations are for little change at 220K vs[...]
  2018-06-07 19:27:08

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  US initial jobless claims 222K vs 220K expected

  Continuing claims 1741K vs 1738K expected The US initial claims came in pretty much as expected at 222K vs 220k expected. The prior month was[...]
  2018-06-07 19:27:08

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  EU Barnier weighs in on new UK backstop proposal

  EUs chief negotiator weighs in - Welcomes publication of UK proposal on backstop - UK backstop must respect EU single market, customs union integrity -[...]
  2018-06-07 19:27:08

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  PM Trudeau: Canada will continue polite but firm approach to Trump

  Canada hosts G7 leaders at the end of the week As the G7 meeting approaches, the trade tariffs are certainly going to be front and[...]
  2018-06-07 19:27:08

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  BOC Financial System Review: See vulnerability from high household debt

  Financial System review - Household debt is a vulnerability - HOusing imbalances have eased but remain elevated - Continued signs of easing vulnerabilities from debt[...]
  2018-06-07 19:27:08

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  European stocks end the session mixed.

  Portugal and Spain end higher.  The rest fall The European markets are ending the session with mixed results: - German Dax fell -0.13% - France's[...]
  2018-06-07 19:27:08

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  Credit Agricole notes GBP is set to rebound, recommends long GBP/CHF

  According to market commentary from the firm's strategists Now we have the fundamentals out of the way, let's try and dissect current levels in the[...]
  2018-06-07 18:21:06

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  USD/CAD: Sellers look to take back near-term control

  The pair now trades under the 100-hour moving average Sellers are now looking for a firm hold under the 100-hour MA (red line) @ 1.2943[...]
  2018-06-07 18:21:06

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