The Day Today 12th June 2019

– Hong Kong protests are back, over an extradition bill, hurts HK markets
– Japan machinery orders strong, 5.2% vs f/c -0.8%
– China CPI 2.7%, highest in 15 months
– RBAustralia deputy governor Kent speech; “financial links..Australia and China…deepened…likely to continue to grow”
– Oil price falls, a surprise gain in US inventories
– FX option expiry USDCAD 1.3275 (1.1bn)
– Nintendo shares fall as they delay launch of key title

Asian equities retreat as trade optimism wanes, China CPI rises and protesters take to the streets in Hong Kong. Markets now wait for US CPI later, today we also have ECB speakers, Muller (9am), Draghi (9:15am) and Coeure (1:15pm)

On this day in 1942 Anne Frank was given a diary for her 13th birthday

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