Friday, 10 August 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 PPI YoY (3.1%)
00:50am  - JPN PPI MoM (0.5%)
00:50am  - JPN GDP SA QoQ (0.5%)
00:50am  - JPN GDP Annualised SA QoQ (1.9%)
02:30am  - RBA Statement on Mon Pol
05:30am  - JPN Tertiary Industry index MoM
Europe:
07:45am  - FRA IP MoM
07:45am  - FRA IP YoY
07:45am  - FRA MP MoM
07:45am  - FRA MP YoY
08:30am  - SWE CPI MoM
08:30am  - SWE CPI YoY
09:30am  - UK Trade balance
09:30am  - UK IP MoM
09:30am  - UK IP YoY
09:30am  - UK MP MoM
09:30am  - UK MP YoY
09:30am  - UK GDP QoQ
09:30am  - UK GDP YoY
US:
13:30pm  - CAN Net change in unemployment
13:30pm  - CAN Unemployment rate
13:30pm  - U.S. CPI MoM
13:30pm  - U.S. CPI ex food and energy MoM
13:30pm  - U.S. CPI YoY
13:30pm  - U.S. CPI ex food and energy YoY
13:30pm  - U.S. Real av weekly earnings YoY
13:30pm  - U.S. Real av hourly earnings YoY
Market Focus this Morning...
  - The Bank of England could lose its credibility and trust if it specified where
it thought interest rates were heading, one of the bank's leading policymakers
has warned.
  - However BoE's McCafferty was more to the point. The departing monetary policy committee member said the UK's economy is poorer than it would be if it had voted to stay in the EU.
  - Russia’s embassy in the United States on Thursday called new U.S. sanctions draconian and said the reason for the new restrictions — allegations it poisoned a former spy and his daughter in Britain — were far-fetched.
  - A new sanctions move by Washington against Moscow sent Russian markets sharply lower on Thursday, adding impetus to an existing selloff as the rouble hit a two-year low and shares and bonds also tumbled.
  - Risks to global growth are growing as the risk of protectionism and the threat of higher U.S. tariffs sap confidence, the ECB said in a regular economic bulletin on Thursday.
  - Two days after he vowed on Twitter that he had “funding secured” for a spectacular $82 billion deal to take Tesla Inc. private, he (Elon Musk) has offered no evidence to back up the statement. No one has stepped forward publicly -- or privately -- to say they’re behind the plan. (Tesla shares drop nearly 5% to $352.50)
  -  New Zealand Performance of Manufacturing Index drops to 51.2 in July from revised 52.7 in June, Bank of New Zealand and Business New Zealand say in emailed statement. - Bad news for the NZD which continues to slide to multi year lows v USD.

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