Trade tariff escalation continues. Reuters report that – Trump adds that if China increases tariffs again the US will respond with tariffs on another $200bn in Chinese goods Trump is in deep shit with his moves to separate children from their mothers and fathers, so this latest action may be an attempt to move the…
I posted today’s here: These now for the days ahead: AUD/USD for June 20 – 0.7475 AUD 1.2bn EUR/USD for June 21 – 1.1525 EUR 1.2bn – 1.1600 1.0bn – 1.1625 1.9bn USD/JPY fo
Data that was out at the same time as the ) RBA minutes (link Australia house prices for Q1 -0.7% q/q – expected -1% q/q, prior +1% +2.0% y/y
The European Central Bank’s Forum on Central Banking in Sintra, Portugal continues today On the agenda: 9am (Sintra time, which is 0800GMT) An introductory speech from Mario Draghi, President, European Central Bank
The fall for USD/JPY was kicked off by the latest trade war escalation: AUD fell hard with this headline but has since bounced back somewhat. USD/JPY though ….. its continued to fall:
Beats the hell out of being in Pyongyang I guess Earlier:
Volker Bouffier is part of Merkel’s CDU party They’re talking about the immigration deal regarding the asylum policy which has caused an almost breaking point in Merkel’s government last week and over the weekend. Germany’s interior minister gave the government a deadline of two weeks to seek a deal with its EU partners on that.
According to a latest survey by Bloomberg It’s been a case of recent downgrades in expectations for Germany’s economy in the last month, with the Bundesbank the latest of which to have toned down the upbeat growth rhetoric on Friday .
Softer tones in European equity futures to start the week Mirroring the same sentiment in Asia for the most part – as well as last Friday’s poor end to trading where most indices ended at session lows.
Daily thread to exchange ideas and to share your thoughts Good day, everyone! Hope you’re all doing well so far today and for those joining, hope you had a good weekend. It’s been a quiet start to the week with little on the calendar and markets looking thin in trading thus far.