US President Donald Trump and Russian Vladimir Putin will meet on July 16 for their summit in Helsinki, Finland – Trump wants to meet with Putin alone, with no other aides present on either side (so, no note-takers, witnesses, or official record) with the report, citing to a person familiar with the plans
Budget surplus NZD 5.23bn, which is 477M larger than was forecast From the 11-month government financial statements And now we can argue about the veracity of the govt. numbers, right?
Comments by Riksbank deputy governor Cecilia Skingsley Following the dissent by Floden yesterday, the SEK is now posting further gains against the EUR with EUR/SEK now falling to below 10.24 now.
Mainly following the same tones in Asia earlier Tepid tones at the start of trading for the cash equity market, and it’s not too surprising. US markets are closed for the day, so I don’t expect to see any exaggeration of risk-off tones but with what we’ve seen so far some minor losses for equities…
Latest data released by Markit – 4 July 2018 Preliminary readings can be found . Lower revision on the final readings relative to the preliminary ones. Not good news, but then again at least there’s a bit of a bounce seen in June relative to May but just that it’s not as optimistic as it…
Latest data released by Markit/ADACI – 4 July 2018 Stronger prints from Italy pretty much offsets the misses that we saw in Spain’s prints earlier. That should at least relieve some pressure on Q2 growth worries.
Latest data released by Markit – 4 July 2018 Both prints come in weaker than expected, and decline from the previous month. Not a good start to things with Italy and final prints for Germany and France to come later as well.
Nothing on the economic calendar Happy 4h of July to our American friends. All US markets are closed today and London is hungover from yesterday’s big win at the World Cup so it’s going to be a quiet one.
Iran OPEC governor Hossein Kazempour comments He says that Trump putting pressure on international firms to not buy Iranian oil is “self harm” as it only serves to increase oil prices. In some way, that makes sense but with the OPEC+ agreement and Saudi Arabia in focus the market won’t look too much into this…
Forex news from the European trading session – 4 July 2018 Headlines: Markets: – GBP leads, EUR lags on the day – European equities mixed in trading – Gold up 0.32% to $1,256.74