The UK Times with the report ahead of the voting next week, says the Prime Minister keeping the leavers in the dark I’ll try to source a link even though The Times is gated ….
Morgan Stanley equity analysis starts out with a bigger picture look at export industry (focus on energy sector) Especially pertinent right now with April trade numbers due later (at 0130GMT):
Mohamed El-Erian is chief economic adviser to Allianz SE and very clever cookie indeed Warns that policy makers in Brazil are in a “tricky position” with “little room for error”
Australian Industry Group Performance of Construction Index May records a small drop to 54.0 – prior 55.4 All the other PMIs from ozz Australia for May:
April trade surplus (!) from Australia due at 0130GMT on Thursday 7 June 2018 balance Earlier preview here: In brief, via Westpac, the bank expecting a narrower trade surplus than March, citing:
Forex and Bitcoin news for Asia trading Thursday 7 June 2018 AUD/JPY was a mover today, dropping after having hit 4-month highs over previous sessions. Other yen crosses fell alongside a lower USD/JPY, which slipped back under 110 as the Tokyo morning progressed.
A Bloomberg item on Chinese industrial company debt, and why its worse than it looks: – at least $124 billion of debt maturing over the next two years Just in case you were relaxing while we wait for Asia to get more active 😀 (ps. could be a long wait ….)
The G7 summit in Quebec on June 8 – 9 is shaping up as an interesting one. Finally. They are usually group hug snore fests. IMO anyway. That is according to an unnamed official speaking with media
Pierre Andurand, of Andurand Commodities Fund making the call on higher oil prices From the Wall Street Journal, more here As Oil Soars, Few Hedge Funds Are Left to Profit Journal may be gated
Time for a Friday funny …. even better ’cause its only Thursday! In the Australian press today: The Australian Financial Review has more, if you’re interested 😀