US and China prove that adults are no different from children in a playground China made their move yesterday , but notably excluded some of the bigger items that the US exports to the country.
Your daily thread to exchange ideas and thoughts – 3 April 2018 I hope many of you were able to enjoy the long Easter week-end. Month/quarter-end flows now history so what do you expect to happen as April plays out? What’s the focus now?
Latest data released by the French Treasury Agency – 3 April 2018 Not a market mover by any means, the budget deficit is expected to continue to grow following a narrowing in January.
Latest data released by the RBA – 3 April 2018 The data point measures the change in selling prices of those commodities that’s exported by Australia. A notable decline in the index, but it’s not a data point that holds too much focus. We’ll have to see if it’s a one-off. The full report doesn’t…
Latest data released by the Federal Statistics Office – 3 April 2018 Better revision, but still a soggy report. Not a good start to the year for retail sentiment. A minor data point, but not going to be one that the SNB can count on for the time being.
Latest data released by the SNB – 3 April 2018 Prior week’s reading can be found . here Again, not much change in the domestic sight deposits as per the prior week. The SNB’s work in February/early March is likely done so the data point here is going to be back to a snooze fest…
Latest data released by Markit/BME – 3 April 2018 Softer than the preliminary reading for Germany, not a major impact but continues to highlight the declining trend after the peak in December last year.
France Markit March mftg PMI final data now out 3 April – 53.6 flash Slight uptick on final reading but not earth shattering data these days. Germany and EZ final readings next.
Latest data released by Markit/ADACI – 3 April 2018 That’s the lowest reading since July 2017. New orders index fell to 55.4 from 57.8 last month, and that’s the lowest reading for new orders since January 2017.
Latest Swiss data released – 3 April 2018 A big miss on the data, and quite a fall compared to prior reading as well. Looks like it’s a fall across all areas based on the report: