Earlier from Trump, just a few minutes ago, dropping the USD: More: – Trump says he does not anticipate much coming from China trade talks this week in Washington The low expectations from Mr. T on the talks will likely translate into instructions to his underlings to go hard and not give much away at…
Nasdaq waffled above and below the unchanged level and backs off into the close but ends higher. Dow the biggest gainer The US stocks are ending the session with gains in a lackluster session.
An early start for Reserve Bank of Australia Governor Lowe today 2200GMT Lowe speaking at a ‘breakfast event’ to launch ASIC’s National Financial Capability Strategy 2018.
Up $0.38 or 0.53% The price of crude oil futures settled at $66.43 today. That was up $0.38 or 0.53%. The low for the day reached $65.59. The high extended up to $66.66.
This sales is part of 21st Century Cures Act. The DOE has offered 11 million barrels of sour crude for sale from the US Strategic Petroleum reserves. Under Section 5010, the secretary of energy is directed to draw down and sell a total of 25 million barrels of crude oil over 3 consecutive fiscal years…
The firm sees increased risks to global growth on trade – Sees a roughly balanced crude oil market for 2018 – Have a positive outlook for crude on rising demand BHP remarks via Bloomberg
Its GlobalDairyTrade auction day again. Dunno why the no spaces, buts that how it is. GDT prior results (the most recent was no change in the index): Forecasts I have seen for today’s result is much the same, 0 to 1% price change sort of range.
Trump says that speaking to Mueller’s investigators in Russia probe could be a perjury trap More from President Trump in his interview with Reuters: Pants on fire = perjury trap?
President Trump speaking with Reuters His earlier comments lambasted the Fed, China, Europe and others – ek More now, this time on his North Korean BFF, Trump saying likely another meeting to come. Via Reuters:
Some releases to move things along but nothing notable 0600 GMT – Switzerland July trade balance data Prior release can be found . Not a major data point by any means, one that highlights trade conditions in the Swiss economy.