My Wednesday musings Aussie Dollar settling post CPI Today’s numbers: – AUD CPI q/q +0.4% v 0.5% expected – AUD Trimmed Mean CPI q/q +0.5% v +0.5% expected
Lost in translation? The perils of a union that consists of a multitude of different primary languages: It’s brilliant how striking the difference between the three are and just how big of an effect each have on the Euro… in different directions!
From SpaceX “T-60 minutes until Falcon 9 launch of Iridium-7.” Launch webcast will go live about 15 minutes before liftoff. You can find video at the following link: https://www.spacex.com/webcast
Freeland is in Mexico City today Guarjardo: USD/CAD dipped a bit on these headlines but I don’t see anything new here. We’ve got opposing headlines all over the place. Trump is talking about auto tariffs and a NAFTA deal. In theory, that’s something that could happen with a NAFTA deal and then tariffs on everyone…
Some initial thoughts while it’s quiet The US president, Donald Trump will meet European commission president, Jean-Claude Juncker at the White House in Washington later today.
What will happen to oil if the Iran situation escalates ForexLive Despite a rise in oil production in mid-June from Saudi Arabia and Russia, Crude oil exports are expected to dip by 100,000 barrels per day next month according to some reports. These statements came from the Saudi side after last week’s report that OPEC…
Headline beat European summary to come in following blog – click here. **Having some CMS issues publishing the release. Adding the rest to this blog.
Shares of automakers also struggling The White House is divided on tariffs but the President appears to be among the hawks, according to the Washington Post .
Mid tier release alert Heads up for the only notable data releases scheduled on today’s economic calendar, with the two bolded releases the mid tier ones to keep an eye on:
Washington Post report There are definitely some trade hawks among his advisors. On the one hand, there’s talk about a quick NAFTA deal. On the other there is talk about auto tariffs.