Month: June 2018

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  China PMIs (May): Services 52.9 (expected 52.9, prior 52.9), Composite 52.3 (prior 52.3)

  Caixin PMIs for China in May Key points Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group said:  --- From last week, the official[...]
  2018-06-05 11:26:40

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  NZD - NZ Treasury says Q1 GDP may miss forecast

  From the Monthly economic update: The update is relatively upbeat, but there is that warning (above) More: increased government spending and higher net migration provide[...]
  2018-06-05 11:26:40

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  Heads up for NZD traders - GDT dairy auction tonight (London time)

  The latest Global Dairy Trade milk auction will be coming up today, 5 June 2018   Recent results: There is no survey of expectations for[...]
  2018-06-05 11:26:40

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  EUR/USD forecast - "premature to declare that euro area uncertainties are over"

  This via ANZ on the euro , the bank wary of continued risk
  2018-06-05 11:26:40

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  RBA adds another one to its series of non-event meetings

  Did we really expect anything else? The cash rate is held at 1.50% for a record 22 months. There wasn't much in the statement either[...]
  2018-06-05 11:25:06

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  Dollar leads the charge ahead of European trading

  The greenback is the best performing major currency so far Little action all around with ranges still relatively narrow. Though the US dollar is leading[...]
  2018-06-05 11:25:06

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  Nikkei 225 closes higher by 0.28% at 22,539.54

  Tokyo's main index closes higher on the day A narrow trading day for Japanese stocks, but overall the Nikkei ends the day on a positive[...]
  2018-06-05 11:25:06

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  Eurostoxx futures -0.1% in early European trading

  Tepid tones in early trades for European equity futures Reflects the kind of mood the market is in right now. Sluggish tones all over. Let's[...]
  2018-06-05 11:25:06

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  Trading ideas for the European session - 5 June 2018

  Daily thread to exchange ideas and to share your thoughts Howdy, everyone! It's been a slow start to the day and European equities are joining in the[...]
  2018-06-05 11:25:06

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  China … more bond defaults ahead

  Thi for a quick read on risks still coming out China - this one on more defaults coming s via Bloomberg - China's banks, scrambling[...]
  2018-06-05 11:25:06

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