Russian President Vladimir Putin will pay a state visit to China – He is to attend the 18th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization on June 8-10 the fun never stops!
I posted previews of the Australian April trade balance data earlier This quickie now via Capital Economics, they are well below consensus what they expect:
Eurozone Q1 GDP final reading in focus (but not expected to be market moving) Good day, everyone! Hope you’re all doing well as we head into European trading later. It’ll be another session with a couple of data points here and there but none of which are expected to be of major importance. Here’s what…
These the significant amount forex options not too far from spot right now for expiry today EUR/USD – 1.1715 EUR 906m – 1.1865 501m – 1.1885 798m – 1.1900 590m USD/JPY
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 😀
Some wire reports on US Presdient Trump heading into the G& – Trump planning on adopting a confrontational tone at G7 – In response to the other 6 nations collectively pressuring him regarding tariffs —