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
Elvira Nabiullina is head of the Central Bank of Russia, in an interview (headlines via Reuters) On inflation, says sees it in 3 to 4% area at the end need of 2018
All $160 billion of the huge hedge fund is net short equities has some interesting comments from Bridgewater warning about higher rates leading to trouble in emerging markets that spreads to global equities.
That doesn’t sound good for oil prices Reuters reports that the US has asked some OPEC producers to oil output. They haven’t requested a specific figure. raise The breaking report cites three OPEC and industry sources.
Conte makes his first speech as Prime Minister In general, markets make too much of election victories and not enough of first speeches. All kinds of things are said and promises are made during an election but the first few speeches lay out what the real priorities are.
Canadian first quarter productivity Business output decelerated and hours worked accelerated.
Sound familiar? The US dollar is at the best levels of the day across most of the foreign exchange market as a bid emerges in early New York trade. It was a similar story yesterday as the dollar came into North American trade weak and then slowly climbed higher for the remainder of the day.
The screws are to be tightened apparently US Sigal Mendelkar, the Under Secretary of the Treasury for Terrorism and Financial Intelligence – is on the wire saying:
Trump might not think that… A Canadian government official is on the wires saying: – NAFTA is a trilateral agreement and that Canada will continue to negotiate that agreement Larry Kudlow said earlier that Trump was moving toward bilateral talks on NAFTA.
Senators from both parties behind it Trump may lose Section 232. Republican Senate foreign relations chair Corker said that Republican and Democratic Senators will introduce a bill to force Trump to obtain congressional approval for imposing tariffs on national security grounds.