Day: June 20, 2018

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  Iran says one way to resolve situation is return to 100% compliance

  Iran proposing a solution to the OPEC+ agreement In May, OPEC members' compliance was at 146% with only Iraq and Equatorial Guinea failing to cut[...]
  2018-06-20 19:27:06

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  EU to impose €2.8 billion worth of duties on US imports as of Friday

  The European Commission gives their final approval for tit-for-tat retaliatory duties against US tariffs Looks like the EU is finally responding in kind to the[...]
  2018-06-20 19:27:06

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  Iran points the finger back at the US on high oil prices

  Iran's oil minister Zanganeh on the wires Says that Iran is against high oil prices while adding that Trump himself is responsible for the high[...]
  2018-06-20 19:27:06

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  ForexLive European FX news wrap: Dollar holds steady as markets see relative calm

  Forex news from the European trading session - 20 June 2018 Headlines: Markets: - AUD leads, EUR and CHF lags on the day - European[...]
  2018-06-20 19:27:06

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  US MBA mortgage applications w.e. 15 June +5.1% vs -1.5% prior

  Latest data from the Mortgage Bankers Association for the week ending 15 June Headline measures the change in number of applications for mortgages backed by the[...]
  2018-06-20 19:27:06

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  Nomura says that China cannot match US tariffs 'one-for-one'

  According to the firm's research analyst, Bilal Hafeez Some food for thought as the trade war rhetoric takes a bit of a breather now. Of[...]
  2018-06-20 19:27:06

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  OPEC's Barkindo says confident that there will be an agreement on Friday

  Comments by OPEC secretary general Mohammed Barkindo The agreement rhetoric has been going back and forth all day. Despite wanting an increase in oil output,[...]
  2018-06-20 19:27:06

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  Oil, housing and central bank speakers on the economic calendar today

  What's coming up in North American trade First up today is the US Q1 current account report at the bottom of the hour. The consensus[...]
  2018-06-20 19:27:06

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  US Q1 current account deficit $124.1 billion vs $129.0 billion expected

  US Q1 current account balance data The headline and revision were a bit better than expected but there has been no reaction in the US[...]
  2018-06-20 19:27:06

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  US stock markets set to climb at the open

  S&P futures pointed higher The S&P 500 is set to reverse yesterday's 11 point decline. Futures point to a 9 point climb at the open.[...]
  2018-06-20 19:27:06

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