Russia Goes to the Firing Range.
Ridhwan Rosli
Business Development Manager - APAC Region @ Weltrade Ltd. Global Strategic Partnerships | Global Macro Sense
Good morning to all readers as Thursday trade gets underway. US futures continue to grind higher as further earnings releases are digested. Irish & Dutch Consumer Sentiment drop to 18-month and record lows respectively. Gold takes a breather as yields rebound while Crude oil notched 1% in overnight trade but stays under pressure as geopolitics and wider demand hit still a moving target.
Kyiv says they are ready for special round of negotiations in Mariupol. As G-7 Ministers look to further isolate the default-facing country, Russia runs nuclear-capable ICBM test-fires. De Guindos says July-hike is possible with the APP ending anything but done.
On the data slate today highlights include EZ CPI, US IJC, & Philly Fed, EZ Consumer Confidence (Flash), speakers: Fed’s Powell, ECB’s Lagarde, Bank of England’s Bailey & Mann, debt supply data from France & Spain.
Highlights on the earnings slate for today include Meggitt, Nestlé, American Airlines, At&T & Philip Morris.
That is it from me today, as usual hit the purple button below to join us in the Duggan Capital Discord room where our Head of Trading is LIVE Mondays to Fridays during European trading hours to answer any questions you may have on your development. Use code PROTRIAL50 to enjoy 50% off your first month.
?This was - Your Morning Reed. ?
Sources: Bloomberg, Newsquawk, Trading Economics, Caxton, AmplifyME, CNBC, MacroHive. Reuters.
Disclaimer: This piece is for information purposes ONLY and not meant as trading/investment advice. Reader discretion is advised