05/06/2017

Press Review

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15:30 GMT, Monday, June 05, 2017

►►► Economy

Bloomberg ► Germany and France Keep Euro-Area Growth Pace at Six-Year High Euro-area manufacturing and services continued to expand at the fastest pace in six years, powered by growth in the region’s two biggest economies -- Germany and France. CNBC ► Israel working hard to realize the dreams of its gas industry Israel's energy sector is going through momentous changes due the development of its large offshore natural gas reserve.

►►► Politics The Independent ► Donald Trump vows to impose travel ban 'in any event' despite pending Supreme Court judgement Donald Trump has promised to impose travel restrictions on immigrants to the US "in any event", as the Supreme Court considers his failed attempt to introduce a ban on people from some Muslim-majority countries. Reuters ► U.S. looks to reassure allies as concerns grow about American global role Senior U.S officials said on Monday the United States, under President Donald Trump, was committed to the region, reassuring nervous global partners even as it received criticism for pulling out of major a climate pact.

►►► Opinions Tim Duy ► Anxious About the Economy? It'll Still Set a Record The economy is far more resilient to negative shocks than bears like to believe. The Japan Times: Editorials ► Donald Trump against the world Once again, U.S. President Donald Trump has shown his readiness to defy both international opinion and common sense to make a political point.

►►► Currencies FX Street ► EUR/USD bullish above 1.1300 – UOB According to FX Strategists at UOB Group, the pair needs a close above the 1.1300 handle to turn bullish. Investing.com ► Aussie Flies As Gulf Cuts Qatar Ties The biggest news in the FX market did not come from Asia or Europe today, but rather from the Middle East where a diplomatic row between Qatar and Gulf states boiled over into in a full blown conflict with Saudi Arabia, Egypt and UAE severing diplomatic ties with Qatar on claims that the Kingdom has been a major sponsor of terrorist activities ...

►►► Markets 4-traders ► Oil prices dip on fears Middle East spat could harm OPEC cuts Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production. Market Watch ► Stock market bracing for potentially the stormiest stretch of trading this year The stock market could face its most turbulent week of trading so far this year, with a trio of potentially destabilizing events on deck: former FBI director James Comey’s testimony, the U.K. election, and the ECB monetary-policy...

►►► Top Videos CNBC ► UK Prime Minister Theresa May speaks out on London terror attacks Prime Minister Theresa May speaks out on the recent terror attacks in the United Kingdom and vows a tough response to Islamist extremism. Bloomberg ► Summers Says Trump's Infrastructure Plan Worries Him Harvard University Charles W. Eliot Professor Lawrence Summers talks about his support for big reforms in U.S. air traffic control and looks at the prospect of infrastructure spending.

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