Forex news from the European trading session – 12 June 2018 Headlines: Markets: – CHF leads on the day, CAD lags behind – European equities mixed on the day, flattish tones
Optimism that PM May dodged a bullet The Brexit amendment votes are ongoing and indications are that the PM May may get the votes needed. We will see. The GBPUSD has moved higher on the news. The EURGBP has moved lower.
Trump is speaking to Fox News in an interview Doesn’t look like there’s much else from the interview. Trump is to depart Singapore at the top of the hour, so yeah.
UK getting ready to vote on amendments. Amendment #19 is the important one. Indications are positive for PM May
Indications are that Tories won’t rebel against PM May. GBPUSD gets a lift. The 19th amendment – the so called meaningful vote amendment – is thought to be the most important one today. The GBPUSD is moving higher on the expectations.
If you’ve been asking what time is the US – North Korea meeting on 12 June 2018, her we go – The two first meet and greet at 9am Singapore time, which is 0100GMT And, that’s it.
The April home loan lending data is due at 0130 GMT, I posted an earlier preview here: AUD traders – preview of the April housing finance data due today
Forex news for NY trading on June 11, 2018 In other markets, the end of day snapshot shows: – Spot gold up $0.91 or 0.07% at $1300 – s up $0.33 or 0.50% at $66.07 In the forex market today, the EUR was the strongest currency, while the JPY and the CAD are the weakest.
Home loan lending data is due at 0130 GMT – Home loans m/m, expected -1.8%, prior was -2.2% – Investment lending m/m, prior was -9.0% – Owner-occupied loan value m/m, prior was -1.9%
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Sentiment lower according to this survey just out Not moving the forex, eyes on the summit today! BSI All Industry, -2.0 BSI Large Manufacturing, -3.2 — Quarterly Business Sentiment Index (BSI) survey results for Q2.