IEA’s Paris head of oil division Neil Atkinson speaks to Bloomberg TV In its report last month, the IEA said that the US to be the biggest force in the oil market over the next few years – even that it will cover 80% of the world’s oil demand growth.
European equity futures liking the mood after Xi’s speech earlier Solid gains in the futures market from early trades, points to a bright start for the cash equity market later on. That should keep risk sentiment buoyed ahead of US markets later in the day.
ECB member Ewald Nowotny speaks in London Not much insights by Nowotny as he is playing the Goldilocks card. I don’t think market participants know what to make of it either.
Russian CB head out on the wires along with a host of others 10 April – US sanctions naturally cause market drop, higher volatility – takes time for markets and economy to get used to sanctions
Positive territory on the official openings after perceived softer trade war tones from Xi 10 April – FTSE +0.6%
Deustche Bank economists Zhiwei Zhang and Yi Xiong commented in a note Earlier last month, China premier Li Keqiang that they are targeting a GDP growth figure of 6.5% this year. So, that will be the baseline for China’s statisticians to aim for – if you know what I mean.
Your daily thread to exchange ideas and thoughts – 10 April 2018 Trade wars still in focus and there’s been some good jobbing opportunities again for those interested, with prices at least moving into some new-ish areas, so how are you playing it?
Latest data released by INSEE – 10 April 2018 A little below expectations for industrial production but slightly soggier manufacturing production figures. Revisions to prior figures were better though. A little mixed on the report, but nothing that will have a major impact on price action.
Further comments by China’s vice commerce minister Qian Keming A similar message to what was delivered by the People’s Daily earlier in the day . here
IMF head Christine Lagarde speaks at the Boao Forum Lagarde touching more on fintech, keeping away from the trade spat between China and US at the moment. Fintech has been a little slow in its adoption in Asia – but has been making headway in the past year, though that also means that it poses…