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  • Calendar event / 18 minutes ago

    GB GDP 2nd estimate

    forecast
    actual
    Med GDP, Q/Q%
    +0.4%
    +0.4%
    Med GDP, Y/Y%
    +2.1%
    +2%
    Med GDP Yearly First Estimate
    +2.1%
  • Article / 3 hours ago

    3 Numbers: US jobless claims to post another welcome weekly decline

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: US jobless claims to post another welcome weekly decline
    It's all about the US today. Preliminary survey numbers for May look gloomy for manufacturing, but hard data for April should paint a somewhat brighter picture for this key corner of the economy. Meanwhile a second weekly decline in US jobless claims would send a reassuring message that last week's update was not just a one-off. And the Pending Home Sales Index should post its third monthly rise.
    Read the article
  • Squawk / 7 hours ago
    Managing Director / Technical Research Limited
    New Zealand
    Next Thursday June 2, the ECB kicks off a round of Central Bank policy meetings, culminating with the FOMC on June 15.

    Earlier this year money market pricing for a rate cut in 2016 was 36%. Now the odds of a rate hike at the Fed’s June meeting are 36%.

    All that’s changed is a less risky global environment. But, as this chart shows, sentiment can change quickly.
    Read the Squawk
  • Article / Yesterday at 13:00 GMT

    Mind your fungibles and plan to sidestep falling knives

    Hypothesis Testing
    United Kingdom
    Mind your fungibles and plan to sidestep falling knives
    The New York Stock Exchange traces its roots back to the 1792 Buttonwood Agreement and a notorious coffehouse where merchants established an open cry trading pit. If plenty of traders were present, liquidity was good. A whole new trading language emerged along with price economics relevant to this day. And "fungibility''— the immediate interchangeability of an asset — remains a key aspect of highly liquid securities. But fungible stocks can fall fast and hard, so here we offer a few pointers for a defensive stance.
    Read the article
    13h
    fxtime fxtime
    Lonmin chart fwiw for you...been a nice earner so far...hope you made too?
    13h
    fxtime fxtime
    I will buy gold at $1200 or below for a long term rally.
    10h
    Michael O'Neill Michael O'Neill
    Fx time. Another great story. The Barclay's /Lloyds trade was a neat idea