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EUROPE
Trump Mulls U.S.
Military Options for North Korea, All Grim – BB
OTHER
El-Erian:
Reconciling the IMF's 3 Growth Messages – BB
REGULARS
EU freezes UK out of contracts, oil slide slows, Nigerian oil
Election Changes UK Rate Rise Calculations, ECB Officials Warn Against
Cutting Stimulus
Yields higher; oil tumbles * New financial forecasts * Yields higher on
lacklustre auction and hawkish comments from Hansson * USD gains while the GBP
pauses after parliamentary vote
The FTSE100 has been making hay from sterling's post-Brexit weakness that
we'd almost forgotten what the downside looks like. But since Theresa May's
call Tuesday for a snap election all its 2017 gains have been wiped out and
there could be more downside Thursday.
Oil bulls were counting the cost after an unexpected build in gasoline
inventories spooked markets and helped encourage flight already underpinned by
the gradual reduction in the risk premium. The French election race meanwhile
is heating up, sending the French/German 10-year spread to a near five-year
close high.
Dollar and Yen Push Lower
Europe And S&P Futures Higher, Dollar Drops As OPEC Talks Oil Up
We’re all waiting impatiently for the French election result this weekend
where the higher odds surprise might be Le Pen not making it to the second
round. Meanwhile the impressive sterling rally has maintained well and the USD
is dipping to critical levels.
FINNISH
Uudet korko- ja valuuttaennusteet julkaistu | Yhä
tasaisemmat mielipidekyselyt viittaavat neljän ehdokkaan kilpaan Ranskan
vaaleissa | Öljyn hinta laski reippaasti