Japanese prime minister Shinzo Abe with some comments Abe is set to meet up with Trump in Florida over a two-day summit from Wednesday, 18 April. Talks of North Korea denuclearisation was pretty much a shoe-in according to the media, but this confirms it.
Comments by China’s state councillor, Wang Yi Basically asking Japan to cross over to their side in the whole US-China trade spat. A relatively awkward position for Japan following the high-level economic talks today with China, and then there’s still the Trump-Abe summit taking place in Florida on Wednesday.
French finance minister Le Maire comments on the strikes by railway unions French president Macron is facing his toughest time in charge of the helm, as nationwide strikes by railway unions and protests by airplane pilots, retirees, and students is making for some unpleasant scenes in the country.
Comments by Oman’s oil minister Mohammed Hamad Al-Rumhi Pretty much the same rhetoric from OPEC members on the OPEC+ pact to cut production. As mentioned before, the key date to watch for this will be on 22 June when the next OPEC meeting will be held in Vienna.
According to a report by China’s Economic Observer Cites a state researcher in saying that China’s economy is set to grow by 6.9% in Q1 2018. The data point is set to be released tomorrow, with expectations of 6.8% for the year-on-year reading.
Russian central bank deputy governor, Ksenia Yudaeva comments She also adds that the situation is fairly stable. Adding that the central bank does not intervene in the FX market unless there are risks to financial stability.
Latest data released by the Swiss Federal Statistics Office – 16 April 2018 A slight dip in producer and import prices. Nothing too concerning, but also not a major data point by any means. The key for Swiss data will be inflation data, more specifically the SNB’s inflation forecast.
Equities in Europe still displaying some caution as we get the week going A tepid start to the session, as markets are mainly waiting on more clues on risk sentiment before getting too carried away.
Some comments by Kuwait’s oil minister, Bakheet Al-Rashidi As mentioned earlier in the day, the OPEC meeting in Vienna is set to take place on 22 June this year. That will be the key date to watch for any further deals that will be struck between OPEC and non-OPEC members on production cuts.
Bloomberg’s latest survey shows that economists believe Germany’s robust growth will fail to keep up with the Eurozone as a whole The “good news” is that economists still see the German economy to grow by 2.4% this year – the fastest in seven years – despite the slower start in Q1.