Day: June 26, 2018

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  China's President warns CEOs that he's done turning the other cheek

  Bring it, Xi says The WSJ reports that Chinese President Xi Jinping is ready to take a bareknuckle approach to the trade war. "Mr. Xi[...]
  2018-06-26 19:27:06

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  EU says that Brexit talks have potential for improvement

  Comments by European Commission spokesman Schinas in Brussels Talks between the two appear to have come to a stand still with the EU this week[...]
  2018-06-26 18:23:30

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  Trump on EU car tariffs: It won't take very long!

  Trump tweets on autos tariffs towards the EU He's up early today and have been talking about trade barriers and tariffs, also warning Harley Davidson[...]
  2018-06-26 18:23:30

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  The JPY is the strongest while the NZD is the weakest as NA traders enter

  The USD up modestly against most currencies As North American traders enter for the day, the JPY is the strongest, while the NZD is the[...]
  2018-06-26 18:23:30

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  Trump says if Harley-Davidson moves "they will be taxed like never before"

  Trump warns Harley-Davidson Harley-Davidson is at the nexus of so many problems. The company is headquartered in a swing state, so it's popular for foreign[...]
  2018-06-26 18:23:30

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  May Philly Fed non-manufacturing index 39.1 vs 45.3 prior

  The Philly Fed services sector This is a low-tier indicator.
  2018-06-26 18:23:30

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  ECB's De Guindos: Confident in the path of inflation

  Comments from ECB VP Luis De Guindos He's sticking to the party line here. EUR/USD is a touch higher, perhaps on a show of confidence.
  2018-06-26 18:23:30

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  US housing data coming up next

  Case-Shiller house price index due at the top of the hour The S&P CoreLogic Case-Shiller house price index for April is due at 9 am[...]
  2018-06-26 18:23:30

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  US April Case-Shiller 20-city house price index +0.20% vs +0.40% expected

  House price data from S&P CoreLogic Case-Shiller house price index No surprises here. We'll get the Richmond Fed and Conference Board consumer confidence in an[...]
  2018-06-26 18:23:30

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  Here's a big reason why the US dollar is always in demand

  US equities have dominated the past 10 years The Warren Buffett wisdom about buying stocks for the long haul is skewed by a US-centric view.[...]
  2018-06-26 18:23:30

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