UK Markit/CIPS March construction PMI data now out 4 April – 51.4 prev Ouch, a big miss but it’s only PMI and for a sector that means little to UK GDP as per my preview.
Latest data released by Istat – 4 April 2018 An inconsequential data point considering all else that is going on currently. But likely shows that last month’s reading was just a blip and the downtrend in unemployment should resume.
Your UK data risk at 08.30 GMT 4 April Expectations: 51.0 vs 51.4 prev Construction doesn’t count much to UK GDP so not a key reading of the wider economy but , as always we should expect an initial algo headline-led reaction to the data if wide of the mark so be ready with your entry/exit levels…
According to China’s state media, citing comments by China’s ambassador to US, Cui Tiankai More responses on the issue coming from the Chinese camp. The jist of it is still pretty much the same stuff since the morning though.
A preview of what’s to come in European trading today Good day, everyone! Hope you’re all doing well as we get the day going. The Asian session was rather lively with quite a bit of trade spat exchanged between US and China already. Eamonn has the wrap for a good summary of what has happened.
Some commentary noted by Xinhua News Agency The comments are said to be in response to the US tariffs list announced . here At this point, the same old rhetoric from China across all ministries, officials, and media is getting a bit stale.
Forex and Bitcoin news for Asia trading Wednesday 4 April 2018 Banks: The Australian dollar was a big gainer on the session (big is a relative term in Asia forex trade). It traded steady into the local data releases and then gained, adding on 30-odd points at its high just over 0.7715 . The data…
Comments by China’s commerce ministry The companies affected are Dow Chemical, Equistar, Eastman, Ineos, Sasol, and BASF. These aren’t really new tariffs, but it looks like China is looking to ramp up the levies as part of their response to the US (and whoever that is looking to side with them).
Comments by the New Zealand Treasury via their monthly economic indicators report The full report can be found , and the chart pack can be located . here here
Citing a China state media journalist The headline says that China will announce retaliatory measures against the US in response to the tariffs list announced earlier .