China FX Regulator … the State Administration of Foreign Exchange (SAFE) – forex FX supply and demand basically stable in Q1 – China-US trade friction on China cross-border capital flows can be controlled
Commerce Ministry comments – Says US / China trade war will not only hurt US factory workers but also US consumers – China prepared to respond to all possibilities on trade dispute with US
The National Development and Reform Commission of the People’s Republic of China (NDRC) is the ‘state planner’. – Announcing cuts for electricity prices – to commercial, industrial customers If it gives a boost to the economy (can’t do much harm I suppose) it should be a positive inout for China proxies (eg. AUD)
The March employment data is out, and it was a bit of a disappointment – Jobs growth slowed – the previous strong growth (in February) was revised to a jobs loss Check out the post for more, the ‘trend’ numbers not so bad, but trend hours worked is a useful indicator and it barely gained…
This is a National Australia Bank survey. The bank conducts a monthly survey and also this quarterly survey. The two are different but the monthly is the focus.
Buying the GBP/USD in the month of April has historically been a wise move. Strong seasonal factors are in play which have meant that the GBP appreciates during this month. In fact, over the last thirteen years, the GBP/USD has appreciated every time in the month of April.
Leading economic institutes raise German GDP growth forecast to 2.2 pct this year, 2.0 pct in 2019 via Reuters Highlighting the danger og trade resrticions ….
Some movement today in China – China imposed temporary anti-dumping measures on halogenated butyl rubber imported from the US On markets there: – Rally in industrial commodity futures
Headlines are via Reuters: Moody’s being cautious here , but probably going to be an unnecessary warning – here is what Greg posted on Monday…
Southern Busherhr province No report yet of injuries Via USGS: – 101km SE of Bandar Bushehr, Iran – Depth 10.0 km Oil prices are a little higher, WTI above 69.00,