Japan Foreign investment in Japan stocks: ¥-108.5B (June 8) vs ¥-527.6B

Japan Foreign bond investment: ¥-488.5B (June 8) vs ¥-1665.8B

US President Trump: could have asked Putin direct questions if he was at G7

In an interview with Fox News, US President Donald Trump hit on a number of talking points regarding his stances on various US diplomatic scenarios currently at play. Key highlights Trump says the US military is in no way drawing down in South Korea. Would love to see troops removed from Sout ...

Key US retail sales preview – Nomura

Analysts at Nomura offered a preview for the key US retail sales. Key Quotes: "We expect a 0.5% m-o-m increase in control retail sales in May (Consensus: 0.4%), consistent with firming momentum in Q2 personal spending." "However, some of the increase was likely driven by a pickup i ...

Forex today: bid-up dollar on hawkish FOMC rolls over on trade war angst

FX today was volatile and traders homed in on the FOMC and finally responded to trade war threats, turning the marks risk-off, offsetting the hawkish tone of the FOMC and taking pulling the bid out of the dollar where it weakened against most G10 currencies. As well telegraphed, the FOMC raised th ...

United Kingdom RICS Housing Price Balance came in at -3%, above forecasts (-5%) in May

Next steps for US-North Korea talks – Reuters

As reported by Reuters, the recent Trump-Kim summit was heavy on promises but light on specific details, and the path forward for developments between the two countries remains unclear. Key quotes "Speaking in Seoul, Pompeo said he expected the United States and North Korea to resume contact ...

Chile BCCH Interest Rate in line with forecasts (2.5%) in May

US Trump to decide on Chinese tariffs sometime on Thursday

US President Donald Trump is reportedly going to be making a decision on whether or not to impose tariffs on Chinese goods this Thursday. Trump will be meeting with his advisors sometime during Thursday's US session, and if he decides to give his waiting-in-the-wings tariff packages targetin ...

A slightly more hawkish Fed add one more rate hike in 2018 – NBF

Analysts at NBF Economics and Strategy explained that the overall changes to the central tendency of economic projections have moved marginally stronger across the horizon.  Key Quotes: "Given their economic outlook and confidence that the risks to this outlook appear roughl ...

FOMC review: largely in line with our expectations – Nomura

Analysts at Nomura explained that today’s FOMC meeting was largely in line with our expectations.  Key Quotes: "We continue to expect a total of four hikes in 2018, including two more after today’s hike, and two additional hikes in 2019. For today, as we expected, the FOM ...