I posted on this special meeting earlier, here Confirmed now – UK PM May says it is to update ministers after fast-moving week (actually its to get Cabinet approval to join attacks on Syria, innit?)
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UK’s NIESR out just now with latest report 11 April – main reason for weakness was severe weather Ah, the old weather card being played again. GBPUSD 1.4184 going nowhere in a hurry after the earlier retreat from 1.4224. GBPJPY and GBPCHF selling helping to cap now along with EURGBP demand after holding 0.8700 yet…
US President Trump up and tweeting in response to Russia threats earlier 11 April – You shouldn’t be partners with a Gas Killing Animal who kills his people and enjoys it!
March US consumer price index data – US March CPI +2.4% y/y vs +2.4% y/y expected – One year high – was +2.2% y/y – Ex food and energy +2.1% y/y vs +2.1% y/y expected Month-over-month:
Paul Ryan to quit Axios that Paul Ryan will soon announce that he won’t run for re-election in November, citing people close to him. reports Rumours of Ryan’s departure are frequent but the belief was that he would continue to lead the House into the November mid-terms and then quit some time afterwards. Some might…
US consumer price index data due at the bottom of the hour It’s all about inflation today. Well, at least it’s all about inflation at the moment. Then the market will get back to worrying about a real war in Syria and a trade war with China.
Second report on Ryan’s departure Paul Ryan is telling his staff he’s quitting right now, according to a . At the top of the hour he will tell Republicans, the report says.
US March real average earnings report now out 11 April – real ave hourly earnings yy 0.4% vs 0.3% prev revised down from 0.4% Stronger weekly earnings reading tempering a slightly softer with the mm reading posting first losses in 10 months on lower gas prices
Up $1.31 or 2.0%. The price of crude oil moved higher once again and settled at $66.82 today. That is up $1.31 or 2.0%. The high reached $67.45. The low reached $65.15.