Friday, 20 July 2018

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

Asia:
00:30am  - Japan CPI YoY (0.7%)
04:00am  - NZ Credit Card Spend MoM (2.1%)
05:30am  - Japan All Ind. Activity


Europe:
07:00am  - German PPI
09:00am  - Eurozone Current A/c
09:30am  - UK Public Finances


US:
13:20pm  - Fed's Bullard Speaks on Eco
13:30pm  - Canadian CPI


Market Focus this Morning...
- China monetary policy will keep a loose bias during H2, according to Securities Times
- UK Brexit Secretary Raab has promised to inject “renewed energy vim and vigour” into the country’s Brexit negotiations during his first visit to Brussels.
- Talk that plans are being put in place in Brussels to extend Article 50 deadline to avoid a cliff edge BREXIT in the case that a deal is not agreed in time
- President Trump in a rare statement for Oval Office holders, criticized the Federal Reserve for raising interest rates.
- President Trump commented on the Chinese currency 'dropping like a rock', on CNBC, this ahead of further weakening of USD/CNY in Asia.
- BoJ said to begin discussion next month regarding post-Libor benchmark
- Malaysia's Finance Minister has pared back 2018 growth forecasts to 5%

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