The timeline makes sense Mexico has indicated that negotiations will essentially need to be wrapped up in the first week of May, so the July 1 election can kick off.
What moved markets Wednesday The biggest mover in FX land on Wednesday was the Canadian Dollar, with the Loonie falling from grace after bulls were disappointed with the central bank’s policy decision. While there were no surprises with respect to the rate hold, bets the Bank of Canada would lean to the hawkish side were…
CIA Director Pompeo meet with the Kimster President Trump catching up with Greg; And some guy in Asia:
Forex and Bitcoin news for Europe morning trading Tuesday 17 April 2018 The wraps are a bit time unconstrained for the next few days – the Asia one was a bit later than normal and this one is a bit earlier.
The earlier alert to this news is here: Heads up for an announcement of Italian government formation (possible today) – Italy’s President Matarella has given the Senate speaker a mandate to see if a Centre-right/5-star govt can be formed Stability in Italy! Until the weekend? LOL
The data is here from earlier: – GBP didn’t wait for no analysts: The Financial Times has rounded up a few responses, I picked out a few snippets: Pantheon Macroeconomics
Reuters citing Iran’s Press TV for the news Should use the AUD, ya ****ers Anyway …. EUR/USD has popped a few points, recovered its Eurozone CPI data losses
EUR/USD near the best levels of the day The latest move in the euro isn’t really about the euro. The US dollar is struggling across the board and that helped EUR/USD climb to 1.2390 from 1.2365.
OPEC wants a tighter oil market The gift to shale producers just keeps on giving. OPEC and non-OPEC partners are unlikely to change the supply cut deal in June, according to three OPEC sources cited by Reuters. They won’t even raise caps if inventory targets are met.
Merkel wants European Monetary Fund Merkel reportedly told a party meeting that she favors moving towards a European Monetary Fund while saying that member states should retain scrutiny over any EMF loans.