Month: June 2018

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  Russia's Novak plans to propose increase oil output by 1.5 million bpd at OPEC+ meeting

  Russia's energy minister Novak on the wires No surprises as the 1.5 million bpd proposal was touted by Bloomberg over the weekend. This creates a[...]
  2018-06-19 18:21:08

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  US 2s-10s curve touches its flattest level in more than a decade

  The US yield curve continues to flatten further amid trade tensions It's fallen by a good 7 bps since the start of last week to[...]
  2018-06-19 18:21:08

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  PBOC Gov. says investors should stay calm

  Shanghai composite index shed 3.78%  He adds:
  2018-06-19 18:21:08

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  US housing starts for May 1350K vs. 1311K expected. Building permits 1301K vs. 1350K expected

  US housing starts and building permits for May 2018. The data for US housing starts and building permits shows: The housing starts are new 11[...]
  2018-06-19 18:21:08

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  Nowotny: ECB is starting exit from expansive monetary policy

  Well....they hope ECB Nowotny is on the wires saying: The question is what will the world/EU look like at that time.  The ECB also said[...]
  2018-06-19 18:21:08

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  Global Dairy Trade auction results -1.2% to average price of $3481

  Little reaction on NZDUSD The  auction results from New Zealand's global dairy trade are showing a decline of -1.2% in prices. The auction results can[...]
  2018-06-19 18:21:08

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  Atlanta Fed GDPNow estimate falls to 4.7% from 4.8% last

  Still one of the highest estimates for 2Q GDP growth The Atlanta Fed is out with their latest estimate for second-quarter GDP growth. Their GDPNow[...]
  2018-06-19 18:21:08

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  German Chancellor Merkel: German-French deal to set-up Euro area budget

  Focused on immigration and economic reform Germany's Angela Merkel and France's Emmanuelle Macron are meeting in a guesthouse north of Berlin, Germany. Some comments:
  2018-06-19 18:21:08

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  Kuwait's oil minister speaks on upcoming OPEC meeting

  Crude oil is down -1.75% today OPEC meets at the end of the week and the Kuwait's oil minister is speaking: Crude oil is being[...]
  2018-06-19 18:21:08

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  ECB's Coeure says inflation to 'durably' converge closer to 2%

  Further comments by ECB member Coeure on the day Looks like the common theme after the meeting is to talk up the inflation rhetoric. The[...]
  2018-06-19 10:10:45

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