The Day Today

"The Day Today" - 26th April 2019

  • After today Tokyo will be closed for 6 trading sessions, Japan’s Financial Services Agency has already issued a warning about volatility, here’s an article from a few days ago but worth looking at for Golden Week details
  • RBNZ’s Orr insouciant about any slowdown in the economy saying he’s “not particularly worried”
  • US and Japan failed to agree on whether to link exchange rate policies to trade talks
  • The UK’s National Security Council is to launch a formal inquiry into the Huawei leak
  • Fed’s Kudlow says Fed may cut
  • Cryptocurrency Bitfinex has been accused of hiding losses with Tether money by New York’s attorney general
  • Japan Industrial Production -0.9% m/m vs expected 0.0%,

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"The Day Today" - 25th April 2019

  • BOJ keeps a steady hand at the monetary policy tiller, policy rate stays at -0.1% as expected and says it will keep extremely low rates “at least through around spring 2020”
  • South Korea GDP falls 0.3% QoQ,

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"The Day Today" - 24th April 2019

  • Oz core inflation 1.4 was the weakest reading since series began in 2003, this is an average of the trimmed mean and weighted median, headline was 0.0% vs expected 0.2%
  • Mnuchin and Lighthizer head to China as trade talks restart on the thorny issue of intellectual property
  • Kim Jong Un arrives in Russia for summit with Putin
  • US target 32 oil tankers trying to enter government held areas in Syria although the oil price pullbacks from highs due to confidence on spare capacity
  • Brazil pension reform has passed a crucial first test
  • US equities record high close,

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