Really, despite all the new supply coming? Earlier from Mr. G:
Forex news for NY trading on June 12, 2018 In other markets at the end of day: – Spot gold is down $4.80 or -0.37% at $1295.73 – WTI crude oil futures are trading down $.06 or -0.09% at $66.04 IN the US stock market today, the markets were mixed
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UK May inflation report the key release of the session Good day, everyone! Hope you’re all doing well ahead of European trading later. It’s been a quiet start to the morning for the most part, so here is what’s on the agenda for the session ahead:
Jeffrey Gundlach is the founder of DoubleLine Capital – global growth is slowing but there are no winds of recession Its just the baked beans, right? More: – Rising deficits and rates are like a suicide mission
Bloomberg with the report ahead of the June 22 OPEC meeting that … Bloomberg citing “a person familiar with Russian thinking” The actual boost in supply to the market would be less than that because some states, notably Venezuela, Angola and Mexico, aren’t able to increase, the person said.
The private survey of inventory, official data comes tomorrow morning US time The expected -2700K for the headline, but its a build in inventory instead ooohhhhh …. conflicting reports coming:
Forex and Bitcoin news for Asia trading Wednesday 13 June 2018 A morbid session with only a little yen movement notable. USD/JPY gained from around 110.35 to circa 110.65 (as I update). USD/CHF managed a similar size gain, 20 or so points. Elsewhere moves were smaller still.
Oil headlines crossing via Bloomberg More: More supply on its way … which has been signalled already, quite a few times. OPEC meet this month.
Latest data released by NFIB – 12 June 2018 Seems like the report was released earlier on the source website. Full report can be found . here The headline reading is the highest for the year and is the second highest reading in the 45-year history of the survey. Highlight of which is that views…