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…
Forex news for NY trading on June 15, 2018. A snapshot of other markets near the week’s end shows: – Spot gold down $-22 or -1.69% at $1280.10 – WTI crude oil futures settled the week at $65.06. That was down $1.80 or -2.74%. The price is trading lower in post close trading at $64.73.
EU and Australia officially launch the start of negotiations for a free trade pact today I don’t expect a smooth process, tariffs on agriculture are likely to be tricky. Australia exports beef, lamb and dairy. Europe is a agricultural exporter also.
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Japanese trade balance for May is pretty much the only notable, but its unlikely to be too much of a forex mover today 2230GMT – New Zealand – Services PMI for May, prior 55.9
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come on online … prices are liable to swing around on not too much at all, so…
Rightmove house prices for June +0.4% m/m – prior +0.8% +1.7% y/y – prior +1.1% Not a GBP mover
Japan Meteorological Agency, JMA, heads up on the quake Magnitude reported at 5.9 (preliminary magnitude) – Earthquake in the northern part of Osaka Prefecture Revised magnitude of 5.3, but do note its at a depth of only 10km, relatively shallow
Port Kembla, south of Wollongong NSW, Australia is the second largest coal export port in NSW. – Fire in the cargo hold of the ship – port expected to repopne later today Posting this for info purposes. Occasionally you’ll get ‘sky is falling’ info on social media overblowing the magnitude of theses events. Sometimes…
BNZ – BusinessNZ indicator for the New Zealand’s services sector 57.3 in May A solid rise for this PMI – all 5 of the sub measures increased BNZ: