Month: July 2018

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  Looks like intervention spotted in the yuan - big Chinese state-owned banks acting

  Reuters  with the report of intervention efforts   - Major state-owned Chinese banks swap yuan for USD in forwards market - selling USD in spot[...]
  2018-07-04 22:10:55

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  RBA leaves cash rate unchanged at 1.50%

  The Reserve Bank of Australia announces its monetary policy decision - 3 July 2018 Pretty much similar to its June statement, the language on the[...]
  2018-07-04 22:10:55

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  Riksbank leaves interest rate unchanged at -0.50%

  Sweden's central bank announces its July monetary policy decision Once again, the Riksbank maintained the hard line that they would only raise rates "towards the[...]
  2018-07-04 22:09:05

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  BOE's Saunders says bad weather effect on the economy is temporary

  BOE board member Michael Saunders speaks in a CNBC interview Very much similar tones to the BOE statement, if anything at least it doesn't take[...]
  2018-07-04 22:09:05

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  Full statement of the RBA's July monetary policy meeting

  The full text of the RBA's statement in July 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.[...]
  2018-07-04 22:09:05

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  PBOC governor says to keep yuan stable at equilibrium level

  PBOC governor Yi Gang on the wires Basically verbal intervention, and the yuan is paring losses on the day on the back of these headlines.[...]
  2018-07-04 22:09:05

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  European stocks a little lower at the start of trading

  Mainly following the same tones in Asia earlier Tepid tones at the start of trading for the cash equity market, and it's not too surprising.[...]
  2018-07-04 19:30:58

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  Riksbank's Skingsley reiterates October or December is still possible for rate increase

  Comments by Riksbank deputy governor Cecilia Skingsley Following the dissent by Floden yesterday, the SEK is now posting further gains against the EUR with EUR/SEK[...]
  2018-07-04 19:30:58

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  Spain June services PMI 55.4 vs 56.2 expected

  Latest data released by Markit - 4 July 2018 Both prints come in weaker than expected, and decline from the previous month. Not a good[...]
  2018-07-04 19:30:58

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  Italy June services PMI 54.3 vs 53.3 expected

  Latest data released by Markit/ADACI - 4 July 2018 Stronger prints from Italy pretty much offsets the misses that we saw in Spain's prints earlier.[...]
  2018-07-04 19:30:58

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