Japan Foreign investment in Japan stocks up to ¥-299.8B in June 30 from previous ¥-483.5B

Japan Foreign bond investment fell from previous ¥27.4B to ¥-293.4B in June 30

South Korea Current Account Balance climbed from previous 1.77B to 8.68B in May

Ireland Consumer Confidence declined to 102.1 in June from previous 106.7

WTO – US trade war jeopardizes global growth

In a report on the world's twenty largest economies, the World Trade Organization (WTO) has warned that economic growth across the globe is "in jeopardy" as the US, China, and the EU all engage in threatening retaliatory tariffs against each other. Key quotes "The worrying tren ...

Minerals and energy outlook – July 2018 – NAB

Analysts at National Australia Bank Limited (NAB) explained that NAB’s USD non-rural commodity price index declined by over 3% q/q in Q2 2018. Key Quotes: "This only partially reversed the large gain made in the previous quarter and, as a result, it is still 7.5% higher than a year ago ...

Key macro themes in play – ANZ

Analysts at Australia and New Zealand Banking Group Limited, (ANZ) have explained that the ANZ Global Lead Index (GLI) and Growth Trackers suggest momentum has passed its peak. Key Quotes: "Trade disputes between the US and its main trading partners are not being resolved quickly and ar ...

Key events coming up: eyes on FOMC minutes – TDS

Analysts at TD Securities, (TDS), noted the forthcoming risk events to take note of. Key Quotes: "GBP BoE Governor Carney speaks at an event in Newcastle at 10:45am BST. We think it's unlikely that he veers away from the MPC's recent message, with the data pointing to the Bo ...

UK outlines new Brexit trade plan – Bloomberg

As reported by Bloomberg, UK Prime Minister Theresa May is outlining a trade compromise plan with the EU in hopes that she can keep her fracturing parliament together, and grease the wheels of Brexit negotiations in Brussels which have stalled. Key quotes "Ministers don’t expect to se ...

Trump on Twitter: OPEC needs to do something about oil prices

US President Donald Trump took to Twitter on Wednesday to lambast OPEC members for driving up oil prices, stating that OPEC needs to take more action on oil prices and tying the issue to the US' military presence in many OPEC member nations.   Trump Twitter account: “The OPE ...

US softening position on North Korea ahead of Pompeo meeting – Reuters

The US is backing away from their "all or nothing" stance towards North Korea as the two countries prepare to sit down and begin hashing out further details of agreements made at the recent Trump-Kim summit in Singapore, with the US Secretary of State Mike Pompeo taking over meetings wit ...

NZD/USD: turning higher in descending bearish channel, eyes on 0.6850

On the wide, while below the key 200-month moving average resistance at 0.7007 longer term technicals remain bearish. Traders will await the Asian session and will have eyes on how Chinese markets perform ahead of European and US traders returning.  NZD/USD drifted sideways just abov ...

Market wrap: euro pops on Bloomberg sources ECB story – Westpac

Analysts at Westpac Banking Corporation, (Westpac), noted that markets were predictably quiet given the US holiday and limited European calendar, though the euro popped higher on a Bloomberg sources story on the ECB.  Key Quotes: "EUR/USD initially fell from 1.1680 to 1.1631, befor ...

Peru stocks lower at close of trade; S&P Lima General down 0.06%

Investing.com – Peru stocks were lower after the close on Wednesday, as losses in the S&P Lima Juniors, Industrials and Food&Beverages sectors led shares lower. At the close in Lima, the S&P Lima General declined 0.06% to hit a new 6-months low. The best performers of the session on the ...