Day: June 13, 2018

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  IEA says that Iran, Venezuela oil output could slump by almost 30%

  IEA providing some detailed forecasts for 2019 as well A bit of a balanced take by the IEA, but if anything it continues to highlight[...]
  2018-06-13 19:28:59

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  UK May CPI +0.4% vs +0.4% m/m expected

  Latest data released by ONS - 13 June 2018 Bang in line with estimates but cable slipped to a low of 1.3312 following the release.[...]
  2018-06-13 19:27:14

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  Eurozone April industrial production -0.9% vs -0.7% m/m expected

  Latest data released by Eurostat - 13 June 2018 The slightly better revisions is not going to do enough to offset the misses here. On[...]
  2018-06-13 19:27:14

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  Eurozone Q1 employment change +0.4% vs +0.3% q/q prior

  Latest data released by Eurostat - 13 June 2018 Employment continues to rise steadily in the Eurozone, with the figures for persons employed at the[...]
  2018-06-13 19:27:14

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  DIW cuts German growth forecasts for 2018, 2019

  Berlin-based research institute, DIW, releases their revised growth forecasts for the German economy this year and next They are citing the changes to the surprisingly[...]
  2018-06-13 19:27:14

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  Russia to propose deal to increase oil output in line with quotas - report

  According to IFAX, citing a government source Says that Russia is to put forth a proposal to all participants of the global oil output cut[...]
  2018-06-13 19:27:14

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  Dollar pares gains but ranges still narrow on the day

  Dollar index turns flat as we head closer to European mid-day The action in the currencies market remains subdued. The dollar gives up some gains[...]
  2018-06-13 19:27:14

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  Fitch says global growth remains robust, but US inflation risks are rising

  Comments by Fitch Ratings in its June global economic outlook report General commentary on the current global situation by Fitch. With all the spotlight on[...]
  2018-06-13 19:27:14

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  US MBA mortgage applications w.e. 8 June -1.5% vs +4.1% prior

  Latest data from the Mortgage Bankers Association for the week ending 8 June Headline measures the change in number of applications for mortgages backed by the[...]
  2018-06-13 19:27:14

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  Saudi Arabia said to have floated several plans for higher OPEC oil output

  According to Bloomberg, citing people briefed on the discussions of OPEC members One of those proposals would be two 500k bpd increases in production, while[...]
  2018-06-13 19:27:14

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