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

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

Asia:
05:30am  - JPN IP MoM
05:30am  - JPN IP YoY
05:30am  - JPN Capacity Utilization MoM




Europe:
07:00am  - GER Wholesale price index MoM
07:00am  - GER Wholesale price index YoY
08:00am  - SPN CPI MoM
08:00am  - SPN CPI YoY
08:00am  - SPN CPI EU Harmonised MoM
08:00am  - SPN CPI EU Harmonised YoY
08:00am  - SPN CPI Core MoM
08:00am  - SPN CPI Core YoY
12:30pm  - BOE Deputy gov Cunliffe speaks in Kendal
14:00pm  - BoI Releases quarterly economic bulletin



US:
01:00am  - FED's Kashkari speaks
13:30am  - USA Import price index MoM
13:30am  - USA Import price index YoY
13:30am  - USA Export price index MoM
13:30am  - USA Export price index YoY
14:00pm  - CAN Existing house sales MoM
15:00pm  - U. of Mich Sentiment
15:00pm  - U. of Mich Current conditions
15:00pm  - U. of Mich Expectations
16:00pm  - FED Releases monetary policy report to congress
17:30pm  - FED's Bostic speaks in Virginia






Market Focus this Morning...
 - Fed’s Harker (Non-Voter) says inflation is moving towards the 2% target; he notes the inflation goal symmetric and comfortable moving to 2.5%
 - He welcomes 4 rate hikes this year if inflation accelerates; but still sees 3 hikes this year
He adds gains in services inflation is something to watch
He says Fed rate hikes could lift policy rate to 3% - 3.25%
 - US Treasury Secretary Mnuchin says many of the US trade talks with China have broken down
 - Fed chair Powell gave an interview to Marketplace where he rattled off his familiar comments: Fed is hearing concerns regarding trade wars –
sustained high tariffs could be a negative for the economy. Powell said low wage growth is a puzzle, but the labour market is strong by any
measure, and the US economy is in a really good place.
 - French finance minister Le Maire says if the US trade war persists, EU will take new decisions, adding that specific deal on autos with the US threatens jobs
 - US President Trump is said to warn UK PM May that a soft Brexit would probably kill potential future trade deal between UK and US as they would be dealing with EU instead of UK
 -