Day: June 26, 2018

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  US stocks open with modest corrective gains but comes off

  Near the unchanged level The US stocks are opening with modest gains but coming off toward uncahnged.  The indices were higher with the Nasdaq doing[...]
  2018-06-26 18:23:30

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  ECB's Lane: 'Increasingly confident' our policy is working

  They love to talk about how confident they are European leaders have tried to move to a US-style corporate bond market system rather than banks[...]
  2018-06-26 18:23:30

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  Richmond Fed Manufacturing index for June 20 vs 15 expected

  Prior month was at 16. The Richmond Fed Manufacturing index came in at 20 vs 15 expectations. The prior month was at 16.   Below are[...]
  2018-06-26 18:23:30

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  US June Conference Board consumer confidence 126.4 vs 128.0 expected

  Consumer confidence data from the Conference Board It's a small miss but the index remains near the record highs.
  2018-06-26 18:23:30

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  US House Speaker Ryan: Tariffs are not the way to go

  Argues against the President The US House Speaker Paul Ryan is saying: In other political news in the US, the Supreme Court ruled in favor[...]
  2018-06-26 18:23:30

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  Dallas Fed service sector index of general business 22.4 vs 18.5 in May

  Better than last month. The Dallas Fed's service sector index of general business rose to 22.4 vs 18.5 in May.  
  2018-06-26 18:23:30

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  BoE Gov Carney: UK banks are resilient enough for a disorderly Brexit

  Governor of the Bank of England Mark Carney speaking at Mansion House Mansion House - so in English that's like big house house, right? But[...]
  2018-06-26 10:10:38

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  ICYMI Fed's Powell says US companies spooked by trade war, postponing investment, hiring

  US Commerce Secretary Wilbur Ross has disputed the comments made by Fed Chair Powell (and others): - that U.S. companies are becoming so anxious about[...]
  2018-06-26 10:10:38

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  PBOC sets USD/ CNY reference rate for today at 6.4804 (vs. yesterday at 6.4706)

  People's Bank of China onshore yuan mid point for today's trading Another weaker mid rate for the CNY … ICYMI I posted this yesterday: The[...]
  2018-06-26 10:10:38

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  More Kashkari: Unclear whether tax cuts will lead to longer term economic growth

  Speaking in Minneapolis
  2018-06-26 10:10:38

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