Pres. Trump gets on OPEC…. Crude prices are lower by about -$0.30 currently. The price has traded above and below the $66.00 level today for the front futures contract. The high reached $66.34. The low extended to $65.52.
YoY comes in at 4.5% vs 5.6 % last The Teranet/ National Bank HPI rose by 1.0% in May vs. 0.2% last month
US PPI data for May 2018 The US PPI data from May came out Higher than expected The numbers are hotter than expected and could be reflective of a pipeline of price increases for consumers down the road. The FOMC is expected to increase rates by 0.25% to 1.75%-2.0% range at 1 PM ET today.
Is the Fed walking down a path where the end of the rate hike cycle is near? The FOMC meeting today will be one of the more interesting ones in my view. Maybe not in terms of immediate repercussions but it will certainly entail a lot of consideration as the Fed moves forward with their…
This is the weekly the private survey, with official data following tomorrow morning (US time). This private data is distributed to subscribers to their report at 4.30ET, and it hits the media soon afterwards.
Well the Dow is technically down a smidge. S&P up modestly. Nasdaq had a pretty good day The US major stock indices are ending the day technically mixed, but just barely.
Hoping he does not act unilaterally without Congressional approval US Senate majority McConnell is saying that if Pres. Trump reaches a significant agreement with N. Korea, he hopes it will be as a treaty.
Trade surplus was topic at the G7 discussions German Chancellor Merkel is on the wires saying: Merkel adds that: Canada makes the same assertions about services trade with the US.
Speaking at Parliament He adds:
US President Trump interview on Fox – Says US will not be doing war games as long as ‘We’re negotiating in good faith’ with North Korea Confirming complete ownage …. but do stay tuned as more details come to light on what he gave away for free