Tuesday, 10 July 2018

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

 Things To Look Out For Today - Events & Data (Ldn Times)...
Asia:
00:50am  - JPN Money stock M3 YoY
00:50am  - JPN Money stock M2 YoY
02:30am  - AUS NAB Business conditions
02:30am  - AUS NAB Business confidence
02:30am  - CHI PPI YoY
02:30am  - CHI CPI YoY
07:00am  - JPN Machine tool orders YoY
Europe:
07:00am  - DEN CPI MoM
07:00am  - DEN CPI YoY
07:45am  - FRA Ind prod MoM
07:45am  - FRA Ind prod YoY
07:45am  - FRA Manf prod MoM
07:45am  - FRA Manf prod YoY
09:00am  - ECB's Visco, Fin Min Tria speaks at Banking lobby event
09:00am  - ITL Ind prod MoM
09:00am  - ITL Ind prod WDA YoY
09:00am  - ITL Ind prod NSA YoY
09:30am  - UK Visible trade bal GBP/Mn
09:30am  - UK Trade bal Non EU GBP/Mn
09:30am  - UK Trade balance
09:30am  - UK Ind Prod MoM
09:30am  - UK Ind Prod YoY
09:30am  - UK Manf Prod MoM
09:30am  - UK Manf Prod YoY
09:30am  - UK Monthly GDP 3M/3m Change
09:30am  - UK GDP MoM
10:00am  - ITL BOI Publishes monthly report 'Money and Banks'
10:00am  - GER ZEW Survey current sit
10:00am  - GER ZEW Survey expectations
10:00am  - EU  ZEW Survey expectations
12:00pm  - UK NIESR GDP estimate
Merkel attends Western Balkans summit in London.
17:30pm  - ECB's Angeloni speaks in Frankfurt
18:00pm  - ECB's Lautenshclaeger speaks in Frankfurt
US:
11:00am  - U.S. NFIB Small business optimism
13:15pm  - CAN Housing starts
13:30pm  - CAN Building permits MoM
15:00pm  - U.S. JOLTS Job openings
Market Focus this Morning...
 - UK's Eurosceptic MP Jacab Rees-Mogg does not expect a confidence motion against UK PM May nor does the Conservative Party chairman.
 - There was talk among journalists that the 48 letters needed to force a vote of confidence in the prime minister May had been reached but this proved unfounded at the end of the day.
 -  ECB's Nowotny (Hawkish) says trade war risks are less dramatic than at first sight, in addition to a trade war, there could be a currency war that could have a more serious effect
 -  Coeure Says Trade-War Challenge Isn't Shaking Ecb Path to Exit- “So far what we’ve seen doesn’t have potential to derail the recovery,”
 - Dominic Raab is appointed as the new Brexit secretary replacing David Davies
 - Jeremy Hunt has been appointed as the new Foreign Secretary replacing Boris Johnson
 - ECB's Nowotny suggested the ECB has largely achieved it's goals adding that it is clear neg rates can't be a permanent feature of mon policy and care must be taken to avoid bubbles
 - UAE energy minister says time is needed for extra supply to come into the market, OPEC has enough capacity to offset output shortfalls, OPEC doesn't want to overdo efforts to boost supply.

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