Capacity Utilization comes in 78.0% vs. est 78.3 The US Industiral production came in at 0.6% which was just above the 0.5%. The capacity utilization came in at 78.0. That was lower than the expectations of 78.3.
Previous -1.1% The Canada Manufacturing sales for the month of May came in better than expectations at 1.4% vs 0.4%. The prior month came in at -1.1% ForexLive
David Soloman to become CEO October 1 David Soloman, who moonlights as DJ D-Sol, will take over as Goldman Sachs CEO from Lloyd Blankfein on October 1. From the YouTube comments: “I can imagine this song being played at a bouncy castle kids party or on a Carnival cruise ship. Not bad but good thing you’re…
Q2 EPS reported at $5.98 – Company-wide revenue $9.40 bn vs $8.74 bn expected – FICC sales and trading revenue $1.68 bn vs $1.65 bn expected – Equities sales and trading revenue $1.89 bn vs $1.97 bn expected ForexLive
Will this be enough to defeat Theresa May? ForexLive In yesterday’s motion, May barely survived as her majority got slashed to just three votes and it looks like her leadership may be called into question once again as the balance starts to shift against her.
Dollar index flat on the day now and moves back above the 200-hour MA ForexLive The continued bounce in the dollar is seeing cable move to session lows of 1.3209 currently with other major currencies also paring gains against the greenback.
Forex news from the European trading session – 17 July 2018 Headlines: Markets: – NZD leads, JPY lags on the day – European equities a little lower – Gold up 0.10% to $1,242.23
Tory rebels are being warned The London Times is saying that PM May could face no-confidence vote if remainers win over customs deal. Brexiteers also “warned of severe consequences in the event that May is forced to enter into a customs union against her will, amid growing acknowledgment from MPS that the Prime Minister is…
Dollar catches a slight bid on the day ahead of US trading ForexLive GBP/USD now moves back towards a test of the 200-hour MA (blue line) @ 1.3240 as its earlier gains prior to the release of the UK data appears to be almost completely erased. The greenback is finding bids across the board at…
Chairman of Senate Finance Committee Orrin Hatch (R-Utah) Coming off a largely criticized press conference after the meeting with Pres. Trump and Russia’s Pres. Putin, Senator Hatch (R- Utah) and chairman of the Senate Finance Committee, is on the wires saying that he may support a bill to curtail President Trumps trade power.