THE WEEK AHEAD
An eventful weekend with Erdogan comfortably winning the Turkish election and OPEC agreeing to raise uptput. China also cut is Reserve requirement 50bps ahead of a looming trade war with the USA. The main focus this week will be the continuing Trade War rhetoric with the WSJ reporting that Trump intends to bar Chinese companies from investing in US technology firms.
Event Calendar:
Monday 11th June
EU: IFO
Tuesday 12th June
EU: ECB's Coeure Speaks
Wednesday 6th June
UK: Bank of Englands Carney speaks.
Thursday 7th June
NZ Interest Rate Decision
EU: German CPI
US: GDP
Friday 8th June
EU: German Unemployment
UK: GDP
Weekend Press
Trump Plans New Curbs on Chinese Investment, Tech Exports to China
Turkey's Erdogan emerges victorious, setting him up for tighter grip on power
Oil prices drop on OPEC's output deal, but markets to stay tight
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