Market Weekly: Apr 9 Apr 13 2018


WTO says 2017 world trade volume grew 4.7% vs 3.6% September forecast
World Bank raises China 2018 growth forecast to 6.5% from 6.4%
Moody’s have changed its outlook on Mexico’s ratings to stable from negative

Eurozone February industrial production m/m -0.8% vs +0.1% expected
France March final CPI m/m +1.0% vs +1.0% prelim

White House comments on Syria – number of options besides missile strike
Trump says an attack on Syria could take place “very soon, or not so soon at all!”
UK subs to move within range of Syria – attack could be as early as Thurs night
…….media reports UK PM May to ask cabinet for approval to attack Syria
Italian air force flight seen over eastern Mediterranean
commercial aircraft stopping flights (citing security warnings)

Bloomberg Consumer Comfort Index increased to 58.0 from 57.2 for the week ending on April 8.
The State of the Economy index fell to 57.7 from 57.8.
The Personal Finance index rose to 66.0 from 64.7.
The Buying Climate index improved to 50.4 from 49.1.
March Import/Export Prices: Import prices Index +0.0% vs. +0.2% consensus and +0.3% prior (revised).
Export prices +0.3% M/M vs. +0.2% consensus and +0.2% prior.
Initial Jobless Claims -9K at 233K vs. 230K consensus, 242K prior (unrevised).
Continuous Claims: +53K at 1.871M vs. 1.818M.