From Sarah Sanders This has immediately hit USD/JPY and stock markets. Here is video of the exchange. The optimistic take is that maybe this doesn’t necessarily mean he’s inclined to use it.
Also a build in gasoline inventory from the privately conducted survey. official EIA data to follow Wednesday morning US time. The results via Zero Hedge
The latest tweet from Trump I think this is notable. It shows that Trump is trying something a bit different. In the crazy world we live in, this tweet is a reason to buy risk assets.
Forex news for North American trade on April 10, 2018: Markets: – S&P 500 up 43 points to 2656 – US 10-year yields up 1.6 bps to 2.79% – WTI crude up $2.28 to $65.70 The Wall Street day started with Nowotny declaring the end of ECB QE and sending the euro quickly to 1.2378…
Are we going to war or what? I mean, I’m all for transparency but you shouldn’t really give away the element of surprise. That said, I don’t think Assad will be surprised by anything at this point.
Results of the 3-year auction – The notes were trading at 2.455% on the bid side ahead of the sale (and 2.449% on the offer) – Prior sale was 2.436% – Bid to cover at 2.85 vs 2.94 prior Good auction. Very close to expectations.
Canadian housing starts data from the CMHC – was 229.7K (revised to 231.0K) – Q1 starts 226.9K vs 219.1K a year ago Solid report as the building season begins to ramp up as Canada thaws.
It’s been a good session for EUR pairs helped now by hawkish Nowotny tones I said in my previous post with those comments that it’s nothing we don’t already perceive to be the case but the algos like a good feed at lunchtime and they got one today.
Forex and cryptocurrency news from the European trading session – 10 April 2018 News: – Perceived softer tones on US-China trade war from Xi has had equities on the rise again and risk-on sentiment underpinning yen pairs.
EU’s Katainen speaking to reporters in Brussels 10 April – EU trade sec Malmstrom in constant touch with US – discussions ongoing – EU welcomes China announcements on investing environment USDJPY 107.07, GBPUSD 1.4159 EURUSD 1.2322 AUDUSD 0.7730 all making their mind up still.