Month: June 2018

• 
  Analyst sees less & less reasons to get into USD … very powerful fuel for gold

  Commentary on both the US dollar and gold from TD, says gold will start to rebound in the final quarter of 2018 - Prices to[...]
  2018-06-04 09:15:52

---

• 
  Australian private survey inflation data for May: 2.1% y/y (prior 2.0%)

  Official CPI data from Australia is only once a quarter, this is a monthly indicator -  a private survey of inflation from the Melbourne Institute. -[...]
  2018-06-04 09:15:52

---

• 
  PBOC sets USD/ CNY mid-point today at 6.4208 (vs. yesterday at 6.4078)

  People's Bank of China reference rate for the onshore yuan  In Open Market operations: - PBOC inject 20 bn yuan through 7-day reverse repos -[...]
  2018-06-04 09:14:07

---

• 
  AUD - Australia data: April retail sales 0.4% m/m (vs. expected +0.3%)

  A beat on expectations and a firming up for this data point after may, many months of disappointment  Comes in at 0.4% m/m  For the[...]
  2018-06-04 09:14:07

---

• 
  AUD - Australia data: Q1 Inventories 0.7% q/q (vs. expected 0.0%)

  Inventories had been expected to be a weak component (if not negative) for Q1 GDP … but this is very strong  Comes in at +0.7%[...]
  2018-06-04 09:14:07

---

• 
  AUD - Australia data: Q1 company profits 5.9% q/q (vs. expected +3.0%)

  Yowza …. I guess if you can hold wage costs down (Aussie wage growth is very slow indeed) the bottom line will get a boost[...]
  2018-06-04 09:14:07

---

• 
  AUD liking the beats on the Australian data - indications of stronger GDP to come

  A strong set of Australian data just released, with implications for a better economic growth data set due this week    - watch out for[...]
  2018-06-04 09:14:07

---

• 
  More Australian data: ANZ survey of jobs advertisements for May: +1.5% m/m (prior -0.3%)

  This data point was out at the same time as the official data, ICYMI: OK, ANZ jobs ads came in at +1.5% m/m - prior[...]
  2018-06-04 09:14:07

---

• 
  Hawaii earthquake magnitude 5.5 (volcanic eruption)

  Actually a volcanic eruption, not just an earthquake, its occurred 5km WSW of Volcano, Hawaii at a depth of just 700 metres There has been[...]
  2018-06-04 09:14:07

---

• 
  Better AUD data today for Q1 indicates risks to GDP forecasts are tilted to the upside

  Australian GDP data for the first quarter (January to March) 2018 is due Wednesday 6 June The Q1 data we received today was better than[...]
  2018-06-04 09:14:07

---