Month: June 2018

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  European equities a little higher at the open

  But autos sector weighing down the Eurostoxx and DAX This comes after Daimler issued a profit warning, blaming the US-China trade war, saying it has[...]
  2018-06-21 13:30:21

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  ECB's Villeroy says more confident heading in the right direction on inflation

  Comments by ECB member Villeroy in Paris Nothing new here from Villeroy. Reiterating the same rhetoric that the ECB is confident that inflation is moving[...]
  2018-06-21 13:30:21

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  Iraq says it favours keeping current oil output deal through year-end

  Comments by Iraq's oil minister Jabbar Alluabi Iraq is among those supporting Iran and Venezuela to keep the existing OPEC+ agreement as it is at[...]
  2018-06-21 13:30:21

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  Ireland's Coveney says UK has been negotiating with itself on Brexit

  Comments by Ireland's foreign minister Simon Coveney Pretty much confirms that there will be no progress in any way made when Brexit talks come to[...]
  2018-06-21 13:30:21

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  SNB leaves sight deposit interest rate unchanged at -0.75%

  The SNB announces its June monetary policy meeting decision - 21 June 2018 Here's the meeting statement: Nothing new from the SNB as expected, mainly[...]
  2018-06-21 13:30:21

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  OPEC secretariat looking at higher output quotas should group agree to supply increase - Reuters

  Citing two OPEC sources on the matter Reuters is also reporting that Iran may feel that a output increase is acceptable if it is justified[...]
  2018-06-21 13:30:21

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  SNB's Jordan says CHF is still highly valued, still seen as safe haven

  Comments by SNB head Thomas Jordan Jordan is speaking live right now and you can watch him if you're interested. The text shows that he[...]
  2018-06-21 13:30:21

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  Saudi oil minister says need to release 1 million bpd in supply

  Comments by Saudi Arabia's oil minister Khalid Al-Falih Oil is trading at session lows now as talks of more supply and output increase continue to[...]
  2018-06-21 13:30:21

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  Saudi Arabia says yet to see if Iran would accept increase in oil output

  Further comments by Saudi oil minister Khalid Al-Falih The posture of the comments here looks to be that there is some form of general consensus[...]
  2018-06-21 13:30:21

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  UK May public sector net borrowing +£3.4 bn vs +£4.9 bn expected

  Latest data released by ONS - 21 June 2018 Nothing much to gather from the release here, a slightly larger fall than expected in public[...]
  2018-06-21 13:30:21

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