ANZ job ads up 3.9% y/y (3 month MA basis) for New Zealand ANZ citing a fall in business sentiment, rising uncertainty about labour market policy for a ‘softening in job ads’
Says the , China’s offer is to buy around 70 billion US of products Wall Street Journal – farm – manufacturing – & energy products If the Trump administration abandons threatened tariffs.
Forex news for New York trading on June 5, 2018 in other markets: – Spot gold rose $4.75 or 0.37% at $1296.76 – WTI crude oil is trading up $0.50 or 0.77% at $65.24. In the forex market today, the clear winner (strongest) was the GBP. The biggest loser was the AUD. The USD was…
US will claim penalty of $1.7B The ZTE corporation out of China has signed an agreement in principle with the US that would lift Commerce Department ban. This is according to sources.
Trump to meet N. Korean Kim Jong Un on June 12th The G7 leaders are to call on N. Korea to deliver a complete, verifiable, irreversible denuclearization. This according to a senior EU official.
This is as expected Gets 171 support votes in confidence vote.
The 100 bar MA on the 4-hour chart at 147.10. The 38.2% is at 147.257. The GBPJPY is higher on the day and was able to make a new session high in the current hourly bar at 146.99 (the earlier day high reached 146.96).
Sees US growth lifting to 2.7% against 2.5% in its January estimate – Then sees a slowing in 2019 and 2020, 2.5% and 2.0% respectively – Global growth forecast 3.1% this year followed by 3% and 2.9% in 2019 and 2020 Dunno how useful their forecasts are but if they are on track the slowing…
China Securities Journal via Bloomberg headline More: Liquidity in China’s banking system will be tighter in June (large MLFs to mature …. i.e paid back …. and forex flows outflows expected). Yield expected to increase if (when) the Fed raises in June.
Bloomberg reported overnight saying its expected European Central Bank monetary policy making Governing Council anticipate holding a discussion on when they intend to cease asset purchases