Kay Van-Petersen
Trump's healthcare bill was not passed and, according to Saxo’s global macro strategist Kay Van-Petersen, the question now is if Trump is still "on"? This week Van-Petersen also draws attention to the release of final Q4 UK and US GDP figures, the formal triggering of article 50 in the UK and meetings at several central banks.
Editor’s Picks 08 July 2016 at 2:33 GMT

Australia cuts iron-ore price forecasts

The Sydney Morning Herald
Australia has cut its 2016 price forecast for the country's biggest export earner – iron ore – by nearly 2% to well under current prices, citing concerns over slowing growth in demand and said it sees little change in 2017. The department now sees iron ore averaging $44.20/tonne this year versus a $45 forecast in March and a December forecast of $40.40. Iron ore was trading at $55.20 a tonne, according to the latest quote from The Steel Index. The iron ore price averaged $48 a tonne in the first six months of 2016.
Read full article at The Sydney Morning Herald
13 July
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