Month: June 2018

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  About that weaker CNY setting from the PBOC … to encourage capital outflow?

  The People's Bank of China just set the onshore yuan weaker again today Just a heads up, they're gonna have to exercise a bit of[...]
  2018-06-24 22:11:25

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  BOJ's Funo says risk of financial system instability is not large

  Bank of Japan board member Funo speaking - Need to keep strong monetary easing - Prices remain weak - There is a large downside risk[...]
  2018-06-24 22:11:25

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  Preview of the Swiss National Bank monetary policy meeting

  The SNB meet today, with a unanimous expectation it'll be a no change event  This via Nomura (bolding mine) covers the major points: I posted[...]
  2018-06-24 22:11:25

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  Big day coming up for the Canadian dollar

  Retail sales, CPI and OPEC to come The Canadian dollar is off to a good start today with USD/CAD down 40 pips to 1.3275. The[...]
  2018-06-24 19:28:40

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  Canada May CPI +2.2% vs +2.6% y/y expected

  Canada May inflation data - CPI +0.1% m/m vs +0.4% m/m expected (prior +0.3%) - Core common +1.9% vs 1.9% prior - Core median +1.9%[...]
  2018-06-24 19:28:40

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  Canada retail sales for April -1.2% vs. 0.0% expected

  Retail sales for April lower than expected The retail sales for April in Canada came in much worse than expected at -1.2% versus 0.0% expected.[...]
  2018-06-24 19:28:40

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  OPEC delegate: Communique won't have new targets, will focus on return to 100% compliance

  No higher quotas OPEC is pumping under its quotas at the moment and it looks like the inability to come to a consensus on higher[...]
  2018-06-24 19:28:40

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  OPEC makes no mention of production increase in communique - report

  Second report says no production increase Reuters reports that the communique makes no mention of a real production increase, only 100% compliance. The meeting has[...]
  2018-06-24 19:28:40

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  Baker Hughes rig count for June 22 week 862 vs. 863 last week

  Last week rig count 863.  The oil rig count is negative for the first time after 11 straight weeks of unchanged or higher.   Crude oil[...]
  2018-06-24 19:27:07

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  The knives are out for Merkel

  This could be the end for Merkel Angela Merkel has probably been the most-successful politician so far this century. She survived the Eurozone crisis and[...]
  2018-06-24 19:27:07

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