Reports via Syrian Arab News Agency (SANA) Homs and Damascus among the sites said to be under fire More: – Homs Shayrat air base said to be targeted —
January to March economic growth data out of China GDP growth running above the target for the (full) year (which is around 6.5%), but the outlook for continued export growth is being scrubbed a little lower in the wake of trade tensions with the US.
Mexico’s economy minister Guajardo says we must consider mirroring US. actions on metals tariffs with countries Mexico does not have free trade deals with earlier remarks from Guajardo here
China com min comments: – Says hopes US can approporiately deal with issue on ZTE – in accordance with law Says will closely monitor satiation on ZTE – Prepared to take action to protect China firms tsinterests Also, on Japan – China says it’ll be conducting a review (anti dumping) on Japan capacitors
Cable popped itself above 1.4350 … just briefly so far But a milestone of sorts for the battler. It hasn’t been this high since the Brexit vote day.
IMF from its ‘Article IV’ statement on New Zealand – Doubts NZ foreign buyer ban will help the housing market Update – IMF saying foreign buying only a small part, removing it won’t impact housing affordability
I posted this earlier: DB on the kiwi – short In their trade reasoning DB cite looking for a soft result fro inflation, due Thursday Here is a what to expect via ASB
But no definite timeline – Trump still willing to meet with Putin but nothing imminent Nothing much to take away from this.
A look at the Monday market moves The dollar was back under pressure across the board on Monday, though the dollar’s slide had little to do with a consensus US retail sales showing, or any other calendar event. Looking ahead, there’s plenty of first tier data scheduled across all three sessions on Tuesday.
UK FTSE, the biggest loser The European major stock indices are ending the day with lower levels. In the 10 year not sector, yields are trading unchanged to up a little