Moody’s report, “Government of China: Change in China’s economic structure is gathering pace, a credit positive”
Prime minister Giuseppe Conte’s new government is set for a confidence vote in parliament today Conte will be speaking at 1000 GMT before the Senate ahead of the vote of confidence, before appearing at the Lower House at 1130 GMT. The confidence vote is set to take place at 1730 GMT later today.
May final services and composite PMIs from the Eurozone to feature heavily Good day, everyone! Hope you’re all doing well today. But before we get into European trading, there will be the RBA decision to come at 0430 GMT. Expect it to be a rather non-event though.
Forex and Bitcoin news for Asia trading Tuesday 5 June 2018 Note-stay tuned for the RBA, due at 0430GMT! USD/JPY was an early mover, up above its US time highs to attempt 110. There are sellers clustered ahead of there and through to around 110.15 which held it below the figure during Asian trade so…
Japan finance minister Aso says he felt strongly that the G7 meeting was 6 plus 1 other
Analysts are upgrading their forecasts for the January – March GDP data from Australia on Wednesday 6 June 2018 – (due at 0130GMT) Last week I was noting expectations around 0.8% q/q, but these are now being shifted higher after solid data on inventories and the OK data today (net exports improved from Q4,…
Thi for a quick read on risks still coming out China – this one on more defaults coming s via Bloomberg – China’s banks, scrambling to adjust to the government’s deleveraging campaign, are likely to add to pressures on the corporate bond market as they shed more of their massive note holdings and de-risk their…
Daily thread to exchange ideas and to share your thoughts Howdy, everyone! It’s been a slow start to the day and European equities are joining in the FX slump that we’re seeing so far. Ranges remain subdued for the most part, and hopefully we will see some decent extensions as the session gets going.
Tepid tones in early trades for European equity futures Reflects the kind of mood the market is in right now. Sluggish tones all over. Let’s see how this will translate to the cash equity market open later in an hour.
Tokyo’s main index closes higher on the day A narrow trading day for Japanese stocks, but overall the Nikkei ends the day on a positive nte – as most Asian bourses are also trading higher on the day, a continuation of the positive mood from yesterday albeit with softer gains.