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Day:
June 20, 2018
China set to take strong countermeasures against US tariffs - report
Xinhua report China to hit back, as expected. How 'strong' will be the question.
2018-06-20 19:27:06
Oman oil minister cites progress on OPEC/non-OPEC deal
Oman oil minister WTI crude is up 98-cents to $66.05 today. I'm skeptical that there is any excess capacity among OPEC members, aside from Saudi[...]
2018-06-20 19:27:06
US May existing home sales 5.43m vs 5.52m expected
May US existing home sales It's been slow going in housing for awhile now.
2018-06-20 19:27:06
Wilbur Ross is testifying to Senate Finance Committee on tariffs/trade. Some highlights.
Some highlights so far Wilbur Ross - US Commerce Secretary - is testifying on Capitol Hill today on trade tariffs. To watch live, you can[...]
2018-06-20 19:27:06
US inventory data at the bottom of the hour
Private data showed a drawdown of inventory The DOE will release the weekly inventory data at the bottom of the hour. Last night the private[...]
2018-06-20 19:27:06
EIA crude oil inventories show -5914K vs. -2500K
Crude oil inventory -4143K last week Crude oil had a much higher draw in the current week: The price of crude oil is currently trading[...]
2018-06-20 19:27:06
Ross: Tariffs on Mexico and Canada could be lifted if NAFTA talks improve
Commerce Secretary Ross
2018-06-20 19:27:06
Sterling edges above 1.32 after May wins key Brexit vote
303-319 was the final vote tally The vote limits Parliament's ability to direct her negotiations with the EU. The vote rejected an amendment to the EU[...]
2018-06-20 19:27:06
European stocks end the session with modest gains/losses
10 year yields are little changed too. Gold little changed. Oil higher. GBP is strongest. NZD remains the weakest The European stocks are ending the[...]
2018-06-20 19:27:06
Saudi energy minister: The market demands more oil in H2
Sounds like the taps will be turned, but is the well dry? I don't think OPEC has many cards to play, but I think the[...]
2018-06-20 19:27:06
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