GREY:CYXTF - Post Discussion
Post by
StokkerPro on Aug 06, 2018 3:35pm
Fed’s Bullard Says Remove All Tariffs, Iran Sanctions
Market Morning: Economic Menu, Fed’s Bullard Says Remove All Tariffs, Iran Sanctions Tuesday – Foreign exchange reserves in Japan. Not too much attention generally paid to this one, but Japan is the second biggest foreign holder of US treasuries. Let’s see if the recent increase in supply has had the Japanese sell some on net. Chinese inflation, last month reported in at 1.9%. US 30-year mortgage rate. Are rising rates having an outsized impact on mortgage rates, which could be responsible for the recent downturn in real estate prices? Probably. Producer Price Index. This could be significant. Last month the PPI, representing prices producers pay for materials in order to make finished goods, hit its highest level since 2011 at 3.4% annual inflation. The same is expected this month. The number hit 10% just prior to the last financial crisis, and hit a high of 20% back in 1975. Read more:
https://marketexclusive.com/market-morning-economic-menu-feds-bullard-says-remove-all-tariffs-iran-sanctions-tuesday/2018/08/
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