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Day:
June 28, 2018
US Q1 2018 GDP (third estimate) +2.0% q/q annualized vs +2.2% expected
The third estimate of Q1 growth The +0.9% rise in consumer spending was the weakest in nearly five years and it contributed, along with slower[...]
2018-06-28 19:29:12
Initial jobless claims 227K vs. 220K expected
Prior week 218K The weekly US initial jobless claims came in at 227K versus 220K expected.
2018-06-28 19:29:12
Here comes the pharma deflation: Amazon acquires online pharmacy
Amazon buys PillPack Amazon has been poking around the online pharmacy business for about a year, along with a bigger push into healthcare. PillPack is[...]
2018-06-28 19:29:12
Ireland PM: We have to start making preparations for Britain crashing out of EU with no deal
Irish PM on Brexit negotiations - We will not prepare for a hard border in Ireland - Britain needs to soften some of its red[...]
2018-06-28 19:29:12
US dollar gains sink cable to another fresh low
Cable at lowest since November A light US dollar big is weighing on cable as the struggling pound falls to the lowest since November, touching[...]
2018-06-28 19:29:12
US stocks open mixed. S&P up a bit.
A little weakness The US stocks are opening with small changes: In other markets at the US stock open: In the US debt market, yields[...]
2018-06-28 19:29:12
USD/CAD drops as oil prices jump and the market has a re-think on Poloz
The market completely misinterpreted Poloz USD/CAD is down 85 pips to 1.3260 as the market has a re-think on the Bank of Canada. Initially, the[...]
2018-06-28 19:29:12
US Kansas City Fed manufacturing index 28 vs 26 expected
Regional manufacturing data from the KC Fed I'm doubtful about that 'expected' survey. I mean, who forecasts the KC Fed?
2018-06-28 19:29:12
Fed's Bostic to speak next
Bostic speaking in Atlanta Bostic is speaking with the Fed Up Coalition in Atlanta. He spoke earlier this week and affirmed his commitment to hiking[...]
2018-06-28 19:29:12
Audio recap: US Dollar firing on all cylinders
What moved markets Thursday Overall, the US dollar remains in demand right now, extending its 2018 run against many currencies this week. Less combative trade[...]
2018-06-28 19:29:12
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