Key business survey from the Bank of Canada The Bank of Canada loves its business outlook survey. The Q2 edition is due out at the bottom of the hour and features survey data on future sales, investment and the overall outlook.
FOXBusiness network interview. President Trump is saying on Fox business network that he is considering cutting the corporate tax rate 20%. He also adds:
Up $0.70 or 0.95% The price of crude oil futures are settling the at $74.15 which is up $0.70 or +0.95% on the day. A week ago, the price closed at $68.58. The gain of about $5.50 is a 8.2% change for the week.
It’s the oldest scheme in the book, but it still works The CFTC is out with a warning about pump-and-dump schemes in cryptocurrencies. People promoting stocks and then dumping them have been around as long as stock markets. It’s the premise of The Wolf of Wall Street and the birth of the internet added an…
Latest data released by the SNB – 21 June 2018 Slight delay in the release by the source. A general gauge of broad money in the Swiss economy, not a major data release by any means.
The Shanghai Composite is now down 1.3% on the day Meanwhile, the CSI 300 index is down 1.1% as the Hang Seng index isn’t spared from all the selling either falling to session lows down 1.2%.
Latest data released by INSEE – 21 June 2018 Unchanged levels for both business and manufacturing confidence (after revision). A general gauge of sentiment in the French economy. The levels here remain relatively elevated, so nothing much else of note from the release.
According to a report by Interfax On again, off again, now back on again it seems. Eamonn also had a report up earlier on the matter . here
Looks to find a firm break above the October high at 95.15 now The dollar is having a bright start to the session, as it trades higher against the rest of the major bloc with sterling being one of the main casualties over the past hour. Cable has now fallen to a low of 1.3131…
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 a reiteration of the previous message seen in March and a slight upgrade to this year’s inflation forecast – as expected as well.