Latest Tweet from US President Trump: News broke overnight that Trump wanted back in on the TPP:
Morgan Stanley say they “continue to like tactical CAD longs, particularly against low yielding currencies like CHF” MS citing: – BoC Business Outlook Survey suggested that investment trends remained strong and that inflationary pressures continued to build.” And more via MS economists
Earnings season is here, and financials are among the first to report Yesterday, we had BlackRock report their Q1 2018 earnings estimate and today it’ll be followed up by big US banks.
Latest data released by Destatis – 13 April 2018 Slight delay in the release by Destatis. But all figures are in line with the preliminary . Non-event. readings
We’re going to be hearing from three Fed speakers later in the day Here’s what is on the agenda: 1200 GMT – Boston Fed head Eric Rosengren speaks Rosengren will be speaking on economic outlook, delivering the keynote speech at the Greater Boston Chamber’s Economic Outlook Breakfast. There will also be a Q&A session with…
Chinese Q1 trade data showed showed a stark rise in imports growth Eamonn had the data earlier . Import figures came in at +11.7% y/y in yuan terms, and +14.4% y/y in dollar terms.
The Australian dollar leads gains among the major bloc to day According to the bank’s head of FX strategy, Ray Attrill, the stronger-than-expected Chinese import figures seem to have helped the aussie today.
A drop on the month (data for March) for the NZ manufacturing PMI – 52.2 from 53.3 (revised from 53.4) in February – second consecutive fall Still in expansion, but slowing a little.
UK says PM May and US President Trump spoke on Thursday via Reuters headline — ps. Yesterday I posted 3 things to watch as a guide to timing of a military strike
This will no doubt include some NAFTA talk – there are efforts to move along with reaching some sort of agreement – even if only ‘in principle’ The latest I have seen on NAFTA: