May index 70 he NAHB housing market index for June came in at 68 versus 70 expected. That was also lower than the 70 in May. The index remains near high levels but off the December high at 74.0. That was an 18 year high.
Equities are mostly lower at the start of the day If the cautious tones as a result of the US-China trade spat isn’t enough, the political developments on the local front in Germany isn’t helping ease investors’ nerves either. And that will likely keep European equities on the back foot for trading over the next…
Only data today.
Major indices have solid declines across the board The major US indices are opening with solid declines. Worries about trade continue to weigh on the market. Not a good start to the week. In the US debt market, yields are lower:
Ex San Francisco Fed Chair, takes over in NY Today is the first day for the new NY Fed President. John Williams, who was the President of the San Francisco Fed, is taking over the more powerful NY Fed from the retiring William Dudley. The NY Fed Pres. has a permanent position on the…
Speaking on CNBC He adds: Hassett is Chair of the Council of Economic Advisors (CEA).
End of summer/toward the Autumn of 2019…. Six of one. Half dozen of another ECBs Vitas Vasiliauskas. who heads Lithuania’s central bank, says he says interest ratess can be expected to change toward Autumn of 2019. Last week Draghi said that hikes would start at the end of summer 2019 (“and not September”). Well summer ends…
According to a report by DPA Her CDU members have been rather supportive with their commentary on the day, but the optimism surrounding the issue is one that will be fleeting. It is also reported that Merkel’s CDU party is set to reconvene on 1 July to finalise any deal on the issue.
Forex news from the European trading session – 18 June 2018 Headlines: Markets: – CHF leads, GBP lags on the day – European equities lower, DAX leads losses
It’s all about how much oil is coming back into the market And the OPEC+ agreement is the crux of the issue that will be discussed in Vienna this week. is the agenda for the week, in case you missed our earlier posts.