Month: June 2018

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  Crude oil continues to run. Up 1.9% on the day.

  Getting close to the 2018 high at $72.83 The price of crude oil continues the run higher. It is currently trading at $71.84 up $1.32[...]
  2018-06-27 18:23:30

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  RBNZ meeting - 'on hold' expected - but here are 3 things to watch in the statement

  The Reserve Bank of New Zealand monetary policy announcement is coming up on: - Thursday morning, June 28 local time.  - That will be I[...]
  2018-06-27 10:10:42

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  RBNZ says the NZD remains at an elevated level

  Exchange rate comments from the central bank, and more ... - Policy will remain accommodative for a considerable period The remarks coming from the Reserve[...]
  2018-06-27 10:10:42

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  China press says reserve ratio may be lowered again in H2 of 2018

  China Securities Journal with the prognostication Over the weekend the PBOC cut the RRR: -  
  2018-06-27 10:10:42

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  RBNZ meeting coming up - 'shadow board' recommends no change to cash rate

  The Reserve Bank of New Zealand  meet this week, on Thursday local (Wednesday GMT) - announcement schedule for Wednesday 27 June at 2100GMT I posted a[...]
  2018-06-27 10:10:42

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  Inflation too low? The blindingly obvious answer is rates too high, for too long

  This is good one from the BNP Paribas' Chief Market Economist and Head of US Economics, in New York, via the Financial Times:  There is[...]
  2018-06-27 10:10:42

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  PBOC sets USD/ CNY central rate at 6.5180 (vs. yesterday at 6.4893)

  People's Bank of China with a hefty smack lower for the onshore yuan again today  That is the lowest for CNY against the dollar since[...]
  2018-06-27 10:09:11

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  Japan PM Abe says BOJ easing is not directed at weakening the yen

  Comments from Abe on Bank of Japan policy   He (and other members of the administration) say this from time to time ….  I hadn't[...]
  2018-06-27 10:09:11

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  SNB's Maechler says that the franc remains 'highly valued'

  Comments by SNB's board member Andrea Maechler on CNN Very much in line with what the SNB stated last week after its monetary policy meeting.[...]
  2018-06-27 10:09:11

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  Canadian fin min says Canada will absolutely support tariff-hit industries

  Canadian finance minister Morneau - Will detail metal-tariff support shortly - Inteneds to talk more with US on NAFTA as soon as possible - Economy[...]
  2018-06-27 07:29:00

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