Month: August 2018

• 
  The US and Canada will begin 'detailed' trade talks on Wednesday

  There have been plenty of comments from Canadian foreign minister Freeland earlier: The comments have been quite upbeat. Freeland is is in Washington for what are[...]
  2018-08-29 07:28:43

---

• 
  CIti 'remain structurally bullish' USD, but do highlight 'the biggest risk' (ps its a tail risk)

  Citigroup head of G-10 FX strategy in NY says remains structurally bullish on the USD, citing: - strong growth - Fed rate hikes - relative yields[...]
  2018-08-29 07:28:43

---

• 
  UK data - BRC Shop Price Index Aug: +0.1% y/y (prev –0.3%)

  This is the first rise for this economic indicator from the British Retail Consortium (BRC) for more than 5 years! +0.1% y/y in August - Closing[...]
  2018-08-29 07:27:04

---

• 
  AUD data due tomorrow - preview of Q2 capex

  Australia Private Capital Expenditure for the April to June quarter is due Thursday 30 August 2018 at 0130GMT  ANZ preview: I posted a preview of[...]
  2018-08-29 07:27:04

---

• 
  US Q2 GDP updated estimate due Wednesday - preview

  Coming up today (US time) the U.S. Commerce Department releases second-quarter gross domestic product revisions - 1230GMT - This is the second estimate of second-quarter[...]
  2018-08-29 07:27:04

---

• 
  Also due from Australia on Thursday - Building approvals for July - preview

  We get capex data for Q2 along with building permits data approvals, all due at 0130GMT on Thursday 30 August I posted capex previews: On[...]
  2018-08-29 07:27:04

---

• 
  On approach to the end of the month - expected flows out of USD

  A couple of banks are noting expectations of USD selling into the end of August Sumitomo Mitsui Trust  - USD more likely to see seller[...]
  2018-08-29 07:27:04

---

• 
  Notable option expiry info for Wednesday 29 August 2018

  Forex options expiries at the 10am New York time cut EUR/USD - 1.1550 EUR 574m - 1.1578 584m - 1.1640 753m - 1.1675 1.4bn -[...]
  2018-08-29 07:27:04

---

• 
  Heads up for Bank of Japan JGB buying operation due at 0110GMT

  There are a few suggestions about the BOJ could reduce its purchase amount of 25+ year JGBs today If so, there might be some impact[...]
  2018-08-29 07:27:04

---

• 
  PBOC sets USD/ CNY central rate at 6.8072 (vs. yesterday at 6.8052)

  People's Bank of China reference rate for onshore yuan for the session PBOC skips open market operations today - There are no reverse repos to[...]
  2018-08-29 07:27:04

---