MY.BLOGTOP10.COM

North Korea state media, Korean Central News Agency (KCNA) with the report:The Political Bureau of the party's Central Committee called on "the national defense field to consistently adhere to the orientation of developing nuclear weapons and the line of bolstering up...

Talks between the two went for more than 7 hours.The various comments made after the meeting were generic 'work together' type statement devoid of meaningful content. Blinken has meetings scheduled with other officials in China, including Chinese Communist Party...

A catch-up with this Bloomberg (gated) piece on Iranian oil exports:Exports have surged to the highest level since US sanctions were re-imposed in 2018vast majority is flowing to ChinaBloomberg cite various analysts:Crude oil shipments have doubled since last autumn...

I posted a couple of these earlier"Goldman Sachs have jumped on board: China GDP growth target for 2023 cut to 5.4%, from 6.0%2024 now targeted at 4.5%, from 4.6% previouslyGoldman Sachs argue that the stimulus seen is insufficient to fire up a powerful enough impulse...

Cash stock markets, bonds and FX are closed on Monday in the US (there may be skeleton staffing at some bank desks).CME futures hours are, in summary (there are exceptions):Globex is open for a few hours on Sunday evening 18 June.Globex is then closed for Monday with...

Japan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'. Welcomes US dropping Japan from its monitoring...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

UBS citing the weaker data that came through for May."Q2 growth momentum is tracking much weaker than we expected earlier"UBS are seeing early data for June as weak also, saying its not obvious that there is any improvement. Policy moves out of China are expected, the...

New Zealand Performance Services IndexRemarks from the report from:BusinessNZ chief executive Kirk Hope“The lift in expansion for May also saw a pick up in the proportion of positive comments, which rose from 39.8% in April to 50.6% for the current month. Overall,...

China’s State Council met on Friday. Premier Li Qiang chaired the meeting. In a statement after, said:the Council considered a batch of macroeconomic policies designed to expand “effective demand”, strengthen the real economy and defuse risks in key areas:"it is...

Nomura note issued Friday, says the firm has cut its forecast for China's 2023 GDP growth to 5.1% from 5.5%:in view of the worsening downward spiral of major activity data and Beijing's tepid response to date, we lower our GDP growth and inflation forecastsexpect...

Igor Sechin, heads up Russian energy major Rosneft. He spoke over the weekend at an economic forum.Said that Russia only supplies half of its production to the world market, compared to several OPEC+ nations who were exporting up to 90% of their output:"That puts our...

The Wall Street Journal with the piece on Friday re Russia’s state energy giant Rosneft nearing securing agreements to long-term deals to sell substantial supplies of oil. locking in export revenue. The Journal says that according to those acquainted with the sale,...