Fed's Barkin: Economic growth is solid, unemployment is low and inflation is on target

Below are some key takeaways, via Reuters, from the prepared speech delivered by Richmond Fed President Tom Barkin.

  • Economic growth is solid, unemployment is low and inflation is on target.
  •  A 'hard Brexit' or a 'political crisis' are scenarios for potential shocks to U.S. economy.
  • Will be focused on data on business investment, worker compensation, durable goods prices, productivity and yield curve.

NZD/USD slides to 2-1/2 week lows, around mid-0.6500s ahead of US data

   •  Kept losing ground for the second straight session amid a modest USD uptick.    •  Hawkish comments by Evans/pickup in the US bond yields reviv
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Oil: Prices likely to remain well supported - ING

According to James Smith, Developed Markets Economist at ING, oil prices are likely to remain well supported for the remainder of this year, the marke
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