Canadian trade balance data Separately, Canadian building permits fell 4.6% in April from March.
FT report The report says the dispute stems from the Irish border backstop plan. ” is the story. David Davis revolts over Irish border plan “”May had planned to send the plan to Brussels this week, possibly as soon as Wednesday, but she was forced to put it on hold after Mr Davis led a rebellion…
Data on US and Canadian trade balance US trade balance data for April is due up at the bottom of the hour. The consensus is a $49 billion deficit, the same is March. I’m skeptical. The trade deficit was deteriorating through February and hit $57 billion before rebounding in the most-recent report. Estimates range from…
Forex news from the European trading session – 6 June 2018 Headlines: Markets: – AUD leads on the day, CHF and JPY lags behind – European equities higher on the day
Washington Post report Breaking report. USD/CAD quickly higher on the headlines as the loonie is hit with a double-whammy as oil prices fall on the weekly US inventory report.
Comments by UK prime minister Theresa May in parliament She doesn’t go into details on what those options are though. Regarding any proposals to be published ahead of the EU summit later this month, she sidestepped the question.
DOE inventory data for the current week The price of crude oil has moved lower on the news and trades at $64.79, down from $65.30 prior to the report.
Latest data from the Mortgage Bankers Association for the week ending 1 June Headline measures the change in number of applications for mortgages backed by the MBA during the week. General housing data, low-tier stuff.
Crude oil is trading at $65.33 , down -$0.29 The DOE oil inventory data is due at the bottom of the hour. The private API estimates last night showed the following:
The money isn’t flowing Investments by firms or individuals in foreign companies plunged worse than believed last year, according to a new UN report. They had estimated it was down 16% in 2017 in a preliminary report in January but that was revised to -23% in numbers out today. Sharp downturns in the US and…