Latest data released by the Ministry of Land, Infrastructure, Transport and Tourism – 30 March 2018 Not as big of a miss, showing that last month’s sharp cooldown in demand was a bit of a one-off. A minor data point.
Some early forex rates at this very thin liquidity time of the week, made even thinner by holidays today in New Zealand and Australia, and later in Hong Kong.
Price between the $50 – $70 per barrel makes a strong case as a good ceiling range for a “competitive” oil market The number one game changer in the oil market over the last five years has been the US shale revolution. And with that in the picture, it makes for a time where we…
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Once again ladies and gentlemen – New Zealand, Australia and Hong Kong are all closed today – leaving Singapore and Japan as the major forex trading centres open for business.
Official manufacturing and non-manufacturing purchasing managers indexes were out from China on Saturday Manufacturing PMI for March came in at 51.5 (first increase on prior since November last year)
We had some inflation and jobs data from Japan already this morning (its a holiday nearly everywhere in forexland, but not in Japan): Now, the IP data, of all the data this morning probably the most watched.
Hello ladies and gentlemen – its a holiday nearly everywhere but Japanese markets are open. If you are trading away, well done indeed. I’m having a break but thought I’d pop up a few posts for those still hard at it.
The tit-for-tat continues This week the US announced it was closing the Russian consulate in Seattle.
Weekly US oil and gas drilling rigs from Baker Hughes – Prior was 804 – Natural gas rigs 194 vs 190 prior – Total rigs 993 vs 995 A small slowdown in drilling after many weeks of gains.