Month: June 2018

• 
  Cable looks to finish at the best levels of the week

  The slightest bounce after six weeks of misery This week is a slight ray of sunshine after weeks of cloudiness for the pound sterling. Cable[...]
  2018-06-03 23:25:08

---

• 
  Kudlow: Trump knew about the jobs numbers yesterday

  Kudlow on CNBC - Trump knew the jobs data yesterday evening - Tweet wasn't intended to signal a strong report - "I don't think he[...]
  2018-06-03 21:15:30

---

• 
  US May final Markit manufacturing PMI 56.4 vs 56.6 expected

  The final Markit manufacturing PMI - Flash was 56.6 - Prior was 55.5 - Manufacturing 56.0 vs 55.8 flash - New orders 58.0 vs 58.1[...]
  2018-06-03 21:15:30

---

• 
  US April construction spending +1.8% vs +0.8% expected

  April US construction spending data - Prior was -1.7% - Best number since Jan 2016 Expect to see higher revisions to Q2 GDP on the[...]
  2018-06-03 21:15:30

---

• 
  May ISM manufacturing 58.7 vs 58.2 expected

  May ISM manufacturing - Prior was 57.3  - Highest since March - Employment 56.3 vs 54.2 prior - Prices paid 79.5 vs 79.3 prior -[...]
  2018-06-03 21:15:30

---

• 
  S&P 500 rises to highest since May 24

  S&P 500 rebounds from tariff worries It's a new month, so flows are always dominant but I'm shocked that the market is so sanguine about[...]
  2018-06-03 21:15:30

---

• 
  BOC's Poloz: There's no question that tariffs add to uncertainty on monetary policy

  Comments from Bank of Canada Governor Poloz on Saturday - Risk to global economy are skewed by trade, monetary policy remains data dependent - Can't[...]
  2018-06-03 21:14:06

---

• 
  G7 told Mnuchin they have a message for Trump

  G7 statement Reuters reports that G7 ministers (excluding the US) asked US Treasury Sec Mnuchin to relay their "unanimous concern and disappointment" about the metals[...]
  2018-06-03 21:14:06

---

• 
  Euro drops to a two-day low in quick move, then rebounds

  Stops hit in EUR/USD  The euro ripped through stops below the 1.1650/40 in a quick move to a session low of 1.1617.  The wobble came[...]
  2018-06-03 21:14:06

---

• 
  Kim Jong-In letter says he wants to meet without making concessions - report

  Letter to be delivered today North Korean officials will hand-deliver a letter to the White House today that "expresses the North Korean leader's interest in[...]
  2018-06-03 21:14:06

---