Month: July 2018

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  Merkel warns that the US trade war may lead to a global financial crisis

  This is an ICYMI on German Chancellor Angela Merkel speaking in the German parliament on Wednesday - She said a trade war between the US and[...]
  2018-07-05 07:29:06

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  US trade war - WTO says global economic growth "in jeopardy"

  The World Trade Organization says world economic growth is "in jeopardy" as the US, European Union and China threaten trade tit-for-tat trade sanctions.
  2018-07-05 07:29:06

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  NZ Treasury reports a larger than forecast surplus in 11-month statements

  Budget surplus NZD 5.23bn, which is 477M larger than was forecast From the 11-month government financial statements  And now we can argue about the veracity of[...]
  2018-07-05 07:29:06

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  Trump plans one-on-one meeting with Putin

  US President Donald Trump and Russian Vladimir Putin will meet on July 16 for their summit in Helsinki, Finland - Trump wants to meet with Putin[...]
  2018-07-05 07:29:06

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  China press - Yuan depreciation is not a long-term trend

  Says the Economic Information Daily in China this morning, headline via Bloomberg   No further details at this stage  Eco Info is a state owned outlet,[...]
  2018-07-05 07:29:06

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  Britain’s biggest vehicle maker said a hard Brexit would mean it leaves the UK

  Jaguar Land Rover Chief Executive Ralf Speth spoke in an interview given to the Financial Times.  with this: Reuters Is anyone even mildly surprised by this?[...]
  2018-07-05 07:29:06

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  "Trade disputes between US & main trading partners raising downside growth risks"

  ANZ's latest look at developments leads with a not very pretty: (bolding mine) Yep. the time to chill out on this escalating trade war is[...]
  2018-07-05 07:29:06

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  NAB says iron ore price to drop to $60

  National Australia Bank cite easing Chinese demand for their forecast of Iron ore to $60 (comes via Bloomberg) Earlier this week I had seen Morgan Stanley's[...]
  2018-07-05 07:29:06

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  Goldman Sachs says oil market to remain in deficit through the rest of the year

  Goldman Sachs with their latest on commodities - oil market to remain in deficit through the rest of the year - maintains overweight rating for[...]
  2018-07-05 07:29:06

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• 
  Early offers in AUD, NZD (small dip)

  Cross selling coming in against the yen, AUD, NZD, CAD all down a few tics (not a lot at all) EUR is hanging in there,[...]
  2018-07-05 07:29:06

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