Things To Look Out For Today - Events & Data (Ldn Times)...

Things To Look Out For Today - Events & Data (Ldn Times)...


Asia:
23:45pm  - NZ Trade balance NZD (294m)
02:00am  - NZ ANZ Activity outlook
02:00am  - NZ ANZ Business confidence
22:00pm  - RBNZ Official cash rate





Europe:
07:00am  - UK Nationwide House px MoM
07:00am  - UK Nationwide House px YoY
07:45am  - France Consumer confidence
09:00am  - Eurozone M3 Money supply
09:00am  - Italy Manf confidence
09:00am  - Italy Manf confidence Index
09:00am  - Italy Economic sentiment
09:30am  - BOE's Carney speaks aboui the financial stability report
11:00am  - UK CBI Retail sales
11:00am  - UK CBI Totla dist sales
11:00am  - Italy PPI MoM
11:00am  - Italy PPI YoY
15:00pm  - Italy premier Conte speaks in senate




US:
13:30pm  - U.S. Wholesale inventories MoM
13:30pm  - U.S. Durable goods orders
13:30pm  - U.S. Durable goods orders ex transport
13:30pm  - U.S. Cap goods orders Nondef ex air
13:30pm  - U.S. Cap goods Ship Nondef ex air
15:00pm  - U.S. Pending home sales MoM
15:00pm  - U.S. Pending home sales nsa YoY



Market Focus this Morning...
 - U.S. President Donald Trump has extended a formal invitation to European Commission President Jean-Claude Juncker to visit the White House, according to two EU officials briefed on the matter. Trump sent the invitation last Friday for the two to discuss trade — a source of tension between Brussels and Washington due to Trump’s recently imposed tariffs on steel and aluminum, which prompted the EU to levy its own retaliatory dutieson U.S. products. The invitation came before American motorcycle maker Harley-Davidson announced Monday it would move some of its production out of the U.S. to avoid the EU tariffs, a decision which Trump criticized.
 - U.S. stocks turned higher in afternoon trading as a rally in American crude overshadowed lingering concerns about the impact of heightened trade tensions.
 -  WTI crude surges past $70 a barrel on Iran sanction concerns
 -  Treasuries were confined to a narrow trading range over Tuesday’s session amid a lack of significant directional catalysts; upside appeared capped as dollar rallied, pushing USD/JPY through 110.00 level.
 - A divided U.S. Supreme Court upheld President Donald Trump’s travel ban, rejecting contentions that he targeted Muslims and giving him a legal and political victory on a controversy that helped define his presidency.