Author: Eamonn Sheridan

Japan press on higher wage costs weighing on company profit

A piece from the Nikkei: - Delivery companies facing higher wage costs - Seeing a surge in deliveries - Hiring more workers - But struggling to charge more to cover rising labor costs I think I read it right.

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Author: Eamonn Sheridan

Early economic data for May from China shows cooling growth

Bloomberg with a piece on 4 indicators of China's economy before the more widely watched data begins to hit at the start of June: Standard Chartered Plc's Small and Medium Enterprise Confidence Index

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Author: Eamonn Sheridan

When AUD/USD was at 0.5020 this indicator was where it is now

Check this out its the yield spread between Australian 10 year bonds and US 10 year bonds (notes) The graph is via Westpac: They say: "10yr yield spread hitting lows last seen in March 2001 when the A$ was trading at 0.5020!"

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Author: Eamonn Sheridan

Today is a UK & US holiday ... but some Asian centres on holiday also

China is closed for a holiday today - Its  the Dragon Boat Festival (Tuen Ng Festival) It's a pretty big deal this festival ... China is on Holiday Tuesday as well as today. Hong Kong will be on holiday on Tuesday for its Dragon boat Festival

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Author: Eamonn Sheridan

More on the North Korean missile launch

Posted earlier: Media reports North Korea has just fired another missile A bit more detail coming: - Appears to be a Scud missile, or a short-range missile at least

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Author: Eamonn Sheridan

If SNP wins most seats in Scotland on June 8, Sturgeon wants an independence referendum

Actually, that headline should just read "Sturgeon wants an independence referendum" Moving along ... - Scotland's First Minister Nicola Sturgeon said on Sunday that if the Scottish National Party wins the most seats in Scotland at a June 8 election, Prime Minister Theresa May's refusal to agree to a second independence referendum will be unsustainable, (The SNP won 56 of parliament's 59 Scottish seats at the last election in 2015)

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Author: Eamonn Sheridan

Rand - more detail on Zuma survival talk

Earlier headline is here: Zuma said to have survived ANC NEC proposal to remove him now: More via Bloomberg - ANC committee decided on Sunday not to vote on a no-confidence motion Update on ZAR:

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Author: Eamonn Sheridan
7

Trade ideas thread - Monday 29 May 2017

Trade ideas thread - Good morning, afternoon and evening all!        Any charts, technical analysis, trade ideas, thoughts, views, you'd like to share and discuss, please do so:        

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Author: Eamonn Sheridan

Rand higher - Zuma said to have survived ANC NEC proposal to remove him

ZAR is higher - Talk out of South Africa is the attempt to remove Zuma has failed South African President Jacob Zuma is under pressure to resign - Members of his ruling party asked its national executive committee of the African National Congress to order him to step down more to come

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Author: Eamonn Sheridan
1

Economic data due from Asia today - none, but a Fed speaker.

New Zealand, Australia, Japan, China - no economic data releases due from any Perhaps its just as well with the Monday holidays in the UK and US. What we do have a Federal Reserve speaker - John Williams, president of the Federal Reserve Bank of San Francisco.

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Author: Eamonn Sheridan
2

Monday morning FX - 29 May 2017 - foreign exchange prices, early indications

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. As is usual for a Monday morning, market liquidity is very thin ... prices are liable to swing around on not too much at all, so take care out there.  Liquidity improves as more Asian centres come on onlinePrice guide:

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Author: Adam Button
14

Merkel plots to chart separate path from US

Merkel says Europe must plot its own way "We Europeans must really take our destiny into our own hands," Merkel said on Sunday as she transitions into campaign mode ahead of September elections.

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