Lack of key releases today may lead to a subdued trading day Good day, everyone! Hope you’re all doing well as we get into the new European trading day soon. It’s been a bit of a quiet start to things after the euro massacre yesterday by Draghi and the ECB.
With Sarah Sanders Huckabee
Forex and Bitcoin news for Asia trading Friday 15 June 2018 – After the huge moves in EUR overnight Asia was pretty much sideways with little direction.. We did get minor follow through for AUD/USD, it dropped under its overnight low and down under (geddit?) 0.7460. A limited move indeed.
US Justice Departments look at the Hillary Clinton’s email investigation Needless to say, the report will likely stir up many old wounds and despite the findings, continue the dialogue about Comey, the FBI credibility, the election, Clinton, Trump, etc., etc., etc.
This via HSBC’s preview of the oil meetings coming up, OPEC on June 22 and non-OPEC on June 23 Key dates to watch: So, while June 22 is key, there is plenty to come next week in the days ahead.
The Mexican Financial Stability Board (no, me either) says: via Reuters and one for the MXN traders
Reuters calculate the change in new home prices across China for May – For the y/y, up 4.7% (April +1.7% also) And, via China’s NBS (stats dept.) Beijing new home prices -0.5 pct y/y (April -0.7 pct)
It is going to be no surprise that China will retaliate against the latest: And, wires carrying headlines to that effect. But …. there is no announcement so far despite the headlines.
Morgan Stanley went short USDRUB at the NY close on Thursday – Stop loss at 64.20 – Target 59.50 MS reasoning: MS highlight: — USD/RUB chart, daily:
This seems to have slipped under the radar with the focus on the ECB and Draghi overnight. German Chancellor Angela Merkel in a clash over migration policy with an allied party