by admin | Aug 14, 2018 | Uncategorized
Markets start to absorb the Turkish crisis U.S. import prices expected to remain strong Markets start to absorb the Turkish crisis — The Turkish lira (USD/TRY) on Monday fell to another new record low and closed the day -8.02%, adding to last...
by admin | Aug 13, 2018 | Uncategorized
Sep E-mini stock futures this morning are down -8.50 points (-0.30%) at a 1-week low and European stocks are down -0.70% at a 1-1/4 month low. Concern about contagion of the Turkish economic crisis to the European banking system is hammering bank stocks and leading...
by admin | Aug 13, 2018 | Uncategorized
US 1100 ET USDA weekly grain export inspections. 1600 ET USDA weekly Crop Progress. ITA 0400 ET Revised Italy Jul CPI expected no change at +1.9% y/y. CHI 2200 ET China Jul industrial production expected +6.3% y/y, Jun +6.0% y/y. 2200 ET China Jul retail sales...
by admin | Aug 13, 2018 | Uncategorized
Weekly market focus Turkish crisis continues as Erdogan remains defiant in weekend comments Q2 earnings season winds down Weekly market focus — The U.S. markets this week will focus on (1) any new spillover from last week’s plunges in...
by admin | Aug 10, 2018 | Uncategorized
CPI expected to remain at a 6-1/2 year high Chinese markets stabilize but downside risks remain CPI expected to remain at a 6-1/2 year high — The market consensus is for today’s July CPI report to be unchanged from June’s 6-1/2 year high of...
