According to Kyosuke Suzuki, director and head of FX sales at Societe Generale, Tokyo The one thing he’s not highlighting is that of equities, which has been a key driver of yen pairs this week. If you are looking for an indicator of sentiment in USD/JPY, be sure to keep an eye on equities too.
Further comments by China’s commerce ministry in a statement Pretty much reiterating the same rhetoric over the past few days. As mentioned, China will only announce their retaliatory measures once the US firms up on their additional $100 bn tariffs (they are the reactionary party in all of this). Otherwise, expect more verbal spat to…
Switzerland takes top prize for a second straight year in the world banknote contest Switzerland’s 10-franc bill was named the best banknote of 2017, edging out money from Scotland, Canada, Fiji, Norway, and Djibouti. If there’s one thing the SNB is good at, this is it.
Latest data released by the Japanese Cabinet Office – 6 April 2018 The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually – so there isn’t much of an impact on this release.
Comments by China’s commerce ministry Well, that didn’t take too long did it? Not likely to hear about those new measures from China until the US is firm about those additional $100 bn tariffs and what products/industries they will be targeting.
Breaking news is here on the US President order the Treasury to look at a further $100bn in tariffs on Chinese imports: – USD/JPY has dropped: AUD/USD has dropped:
USD/JPY dropping away on the news that US President Trump has instructed US Treasury to consider another $100bn additional tariffs on China imports – “in light of China’s unfair retaliation”
There are 18 factors on the bank’s checklist, and only 2 and a half of them are showing ‘worrying’ signs for stocks Comparing that to the past, the same measures showed
I posted earlier on US President Trump’s comments on the they scandal surrounding EPA head Scott Pruitt: Trump’s comments came from remarks he made to press on Air Force 1 on his way back from the tax summit. He also spoke on:
March Nonfarm payroll data is due on Friday 6 April 2018 during the US morning This look at what to expect, in brief, from GS: More: