Leading economic institutes raise German GDP growth forecast to 2.2 pct this year, 2.0 pct in 2019 via Reuters Highlighting the danger og trade resrticions ….Details
Buying the GBP/USD in the month of April has historically been a wise move. Strong seasonal factors are in play which have meant that the GBP appreciates during this month. In fact, over the last thirteen years, the GBP/USD has appreciated every time in the month of April.
More remarks out of the State Administration of Foreign Exchange (SAFE) – FX policies will support further opening up of China’s economy – Will continue to push forward opening capital markets, including those for stocks and bonds Plenty of talking from China today, comments already posted from SAFE and also the Commerce ministryDetails
Earlier today we got the New Zealand inflation data from the stats agency: The Reserve Bank of New Zealand ‘Sectoral factor model’ of inflation has come out now, at 1.5%, unchanged from priorDetails
Japanese Deputy Chief Cabinet Secretary Yasutoshi Nishimura commenting on the talks in Florida Always gotta take this sort of remarks with a grain of salt – these guys will have you beleibe all they did was play golf and got along soooo well. Which is b/s.Details
Nishimura is commenting on talks between Trump and Abe in Florida : Earlier on he mentioned there was no discussion about exchange rates and he has gone on to say that they were not talking about a free trade agreement between the two countries.
Headlines are via Reuters: Moody’s being cautious here , but probably going to be an unnecessary warning – here is what Greg posted on Monday…Details
PBOC to inject CNY 150bn via 7-day reverse repo – No RRs maturing today, thus net injection of 150bn yuan Looks like I missed all the RRR fun!Details
Fed’s Bostic talks in Atlanta – Hearing about labor shortages “everywhere I go” – Goal for Fed policy should be to get more neutral stance – US economy is in a good placeDetails