Boletin Solo Negocios

Solo Negocios Bulletin


i

Date

May 23, 2018

Welcome! Solo Negocios Tip Solo Negocios Bulletin. Decision-making tool, free to access and free to share. In Solo Finance Division comment on IMEF - Press Today, in the Solo Negocios Bulletin, macroeconomic and financial indicators resulting in Negocios, we offer you advising to support you appreciation for the Peso, negative stock markets, Fed minutes prop up possible acceleration of rate Bulletin in your company / institution. Contact data at hike, mixed global oil prices, total inventories increased last week. We issue also the Solo Negocios * The world in solid growth with low inflation. margin, don't hesitate to reach us. Invite your Tip. We hope all the SNB is useful for you; and remember that: * In recent weeks there has been a flight of contacts to receive it SNB! capital from emerging countries that has It's not personal, it's just business! Indicator caused Argentina to ask for support from the Explanations, technical notes and Increase IMF. sources, here. Decrease * Concerns about deceleration and risks that Legal Disclaimer In this version, we offer: would accelerate it: SOLO NEGOCIOS TIP --- End of expansion due to geopolitical risks, Finance Division comment on IMEF - Press Bulletin inflation, and induction to accelerate the ECONOMIC INDICATORS Solo Negocios Bulletin is an informative normalization of the Fed. Foreign Exchange and Metal Markets summary edited by Solo Negocios, in compliance Stock Exchange Market * Key: follow-up flows to emerging, with the Mexican copyright rules. What is Money Market geopolitical and economic risks, forecast described in it, is informative, but non-binding. It Energy Market normalization of the Fed (e.g. prices, is distributed free of charge to whom wish to Next Day Economic Agenda employment, etc.) remain in the distribution list, or through * Mexico grows with bearish inflation trend publicly accessible social networks. Its and Banxico rate at 7.5%. redistribution is not prohibited as long as it is * Peso faces risk factors: done for free and under the Creative Commons --- Global: license described below. The document is built - Geopolitics (North Korea, Middle East, China, from diverse private and public sector sources, etc.) either national or international, quoted legally in - US bond rates who appreciate the dollar. each part and with responsibility from each ---Local: source, from either subscriptions or - NAFTA, which will probably extend to 2019 chrestomathies. Any question please contact us the negotiation. at: [email protected]. This e-mail - Elections, and inherent themes. SOLO NEGOCIOS CALENDAR complies with article 76 bis, subpart VI, Chapter * The cybernetic vulnerability to the payment NA VIII from the Federal Consumer Protection NA system, is controlled but it is exhorted to statue in Mexico. If you do not wish to receive NA reinforce surveillance; It is not a minor issue. newsletters, please send us an emial to remove Full Solo Negocios Calendar: http://bit.ly/2kr1Xpd * IMEF encourages the electorate to vote with your address from dbase. SPONSORS information, evaluate coincidences and Metropia Solo Negocios Bulletin is owned by Solo viability to benefit economic and social SOLO NEGOCIOS MEDIA Negocios Su Consultor Económico, S.C., and it is development. Solo Negocios Videoblog licensed under a Creative Commons AttributionFacebook ShareAlike 4.0 International License (CC BY-SA Twitter Expectations 2018 4.0). LinkedIn * GDP: 2.2% Solo Negocios Editorial * Inflation: 4% Solo Negocios Bulletin Subscription Link: http://www.solonegocios.mx

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ECONOMIC INDICATORS Foreign Exchange and Metal Markets

Concept Buy Variation % Var.30 days % US Dollar National Average 18.90 -0.05% 8.13% US Dollar Minimum National 18.15 At Azteca US Dollar Maximum National 19.60 At Inbursa Spread Minimum 0.51 @ Banjercito Maximum Fix US Dollar Today 19.9054 -0.13% 8.84% US Dollar Interbank (48h.) 19.5515 -1.00% 7.51% US Dollar Juarez Average 17.75 0.00% 1.72% Peso Futures (CME) June 2018 Pesos in USD 0.05079 0.04% -3.18% USD/pesos Conversion 19.6889 -16.81% 3.29% Canadian Dollar 15.47 -0.20% 6.79% Brazilian Real 5.40 0.82% 0.61% Euro 23.31 -0.44% 3.30% Sterling Pound 26.57 -0.59% 2.66% Japanese Yen 0.1782 -0.48% 4.49% Chinese Yuan 3.1030 -0.44% 6.80% Bitcoin 147,577.38 -7.67% 3.38% Gold Ounce (international) 25,429.52 -0.46% 4.51% Silver Ounce (international) 323.50 -1.15% 7.83% Libertad Gold Ounce (MX) 22,492.00 -0.16% 6.38% Libertad Silver Ounce (MX) 444.00 -1.33% 11.00% Bloomberg Dollar Spot Index 1,169.31 0.10% Yield 0.80% Euro in USD (spot) 1.1712 -0.59% USD in Yen (spot) 109.8800 -0.84% Sterling Pound in USD (spt) 1.3373 -0.47% Yen in Euro (spot) 128.6900 -1.43% Euro in Sterling Pound (spt) 0.8757 -0.14% Yen Euros USD in Hong Kong Dollars(spt) 7.8487 -0.01%

Sale 19.97 19.29 20.43 1.6 @ Scotiabank

+1d 19.9054 19.5595 18.58 0.04934 20.2675 15.48 5.40 23.32 26.58 0.1783 3.1062 147,577.38 25,429.52 323.50 27,970.00 578.00

Variation % Var.30 days % -0.16% 8.13% At Azteca At Bancomer Average 1.07 -0.13% 8.84% -1.00% 7.51% 0.00% 0.72% December 2018 0.86% -3.31% -0.85% 3.43% -0.20% 6.79% 0.82% 0.62% -0.44% 3.30% -0.59% 2.67% -0.48% 4.48% -0.44% 6.81% -7.67% 3.38% -0.46% 4.51% -1.15% 7.83% -0.13% 5.07% -1.03% 8.24%

Technical Note The Peso is appreciated, pressures: - NAFTA. Expectation of progress, by tweet of the president of US. + Commercial war. Renewed tensions US and China. + Geopolitics Instability in Turkey and negotiations with North Korea. + BDSI +0.22%. + Fed. Minutes point to rate hike in June. + USA. Manufacturing PMI and services 56.6 and 55.7 points in May, better than expected. New home sales -1.5% in April, less than estimated. - Mixed oil. + Banxico. Exchange hedges, demand 985 million dollars, 3.94 times the 250 million dollars offered to 29 days. Other data: * Support 18.60, resistance 20 wholesale. * Spread: 1.07, -0.02 respect yesterday. Various Currencies against Peso (spot or sale, 30 days in pesos; dates in Mexican format)

Various Currencies against US Dollar

$29.00

(spot, 30 days in US Dollar; dates in Mexican format)

$24.00

$0.0092

$1.40

$19.00

$1.35

$0.0091

$1.30

$14.00

$1.25

$9.00

$0.0090

$1.20

$4.00 23/04/18

$1.15

$0.0089

$1.10

30/04/18

03/05/18

06/05/18

09/05/18

12/05/18

Sterling Pound

15/05/18

18/05/18

Linear (Yen)

21/05/18

Linear (Euros)

24/05/18

27/05/18

Linear (Sterling Pound)

28/04/18

03/05/18

08/05/18

13/05/18

18/05/18

Canadian Dollar

Real

Euro

Linear (Canadian Dollar)

Linear (Real)

Linear (Euro)

23/05/18

28/05/18

Graphs Peso / US Dollar Various Conversion

Bank Spread

(spot or sale, 30 days in pesos, dates in Mexican format)

(30 days, minimum, maximum and average)

$20.50

Interbank Exchange Rate Peso/US Dollar (sale, 12 months; dates in Mexican format)

$4.00

25.00%

$20.50

20.00%

$3.50 $20.00

15.00%

$20.00

$3.00 10.00% $19.50

$2.50

$19.50

5.00%

$2.00

0.00% $19.00

$19.00

-5.00%

$1.50

-10.00% $1.00

$18.50

-15.00%

$18.50

$0.50

-20.00%

$0.00

$18.00

$18.00

-25.00% $17.50

$17.50 23/04/18


Minimal Spread

Maximum Spread

Average Spread

Banxico's Fix

Sale National Banking Average

Juarez Sale

Spread Mobility %

Lineal (Minimal Spread)

Lineal (Maximum Spread)

Linear (Banxico's Fix)

Linear (National Banking Average))

Linear (Juarez)

Lineal (Average Spread)

Lineal (Spread Mobility %)

28/04/18

03/05/18

08/05/18

13/05/18

18/05/18

23/05/18

28/05/18

$17.00 03/02/18

04/04/18

Sale Interbank

03/06/18

Linear (Sale Interbank)



ECONOMIC INDICATORS Stock Exchange Markets

Concept

Value

IPyC Mexican Stock Exchange VIMEX Volatility Index Canada, S&P/TSX Compound Index NYSE DJIA, USA NASDAQ, USA S&P500, USA VIX Volatility Index Brazil IVOBESPA Chile IPSA Argentina MERVAL Trend Average: America Trend Average: North America Trend Average: LATAM ISEQ, Ireland FTSE100, England AEX, Netherland BEL20, Belgium OMX, Denmark OSEAX, Norway DAX30, Germany SMI, Switzerland PSI20, Portugal IBEX35, Spain CAC40, France MIB, Italy GD.AT, Greece MICEX, Russia ESTX50, Europe EURONEXT 100, Europa Trend Average: Europe

Variation % America 45,776.69 0.39% 12.15 0.00% 16,133.80 -0.07% 24,886.81 0.21% 7,425.96 0.64% 2,733.29 0.32% 12.58 -4.84% 80,867.29 -2.26% 5,620.37 -0.54% 30,329.46 -2.04% -0.82% 0.25% -1.12% Europe 7,143.48 -0.74% 7,788.44 -1.13% 565.07 -1.22% 3,887.18 -0.76% 586.11 -1.20% 1,003.86 -0.99% 12,976.84 -1.47% 8,794.94 -1.58% 5,700.05 -1.51% 10,025.00 -1.12% 5,565.85 -1.32% 22,911.71 -1.31% 784.93 -1.59% 2,285.53 0.00% 3,541.82 -1.27% 1,075.71 -1.07% -1.14%

Var.30 days%

Var.1 year%

-5.68% 0.00% 5.74% 2.88% 5.05% 3.45% -37.85% -5.14% 0.12% -5.31% -3.67% 1.91% -2.58%

-3.45% -9.33% 3.37% 18.48% 26.49% 14.69% 9.87% 21.09% 26.88% 57.43% 16.55% 8.37% 25.48%

8.58% 7.32% 3.78% 0.79% 6.32% 6.62% 5.55% 0.99% 4.29% 2.97% 5.45% -0.44% -1.80% 0.00% 3.57% 4.24% 3.64%

7.07% 5.62% 11.70% 4.98% 4.74% 30.84% 7.89% 1.44% 22.30% 2.31% 11.43% 16.51% 20.81% 11.12% 4.07% 11.68% 10.91%

Concept

Value Africa 16,662.50 203.70 3,308.95

CASE30, Egypt S&P, Africa FTSE, Africa Trend Average: Africa

Asia 1,292.38 1,588.44 34,344.91 3,168.96 10,886.18 30,665.64 2,471.91 22,689.74 3,496.27 6,032.50

TA100, Israel DJGCC, Middle East BSESN, India SSE, China TSEC, Taiwan Hang Seng, Hong Kong Kospi, South Korea Nikkei225, Japan STI, Singapore AXJO, Australia Trend Average: Asia

Variation %

Var.30 days%

Var.1 year%

0.03% -1.54% 0.00% -0.50%

-0.83% 0.00% 0.00% -2.66%

11.95% -1.94% 0.37% 15.12%

0.00% 0.00% -0.88% -1.41% -0.48% -1.82% 0.26% -1.18% -1.32% -0.16% -0.50%

0.00% 0.00% 1.19% -1.22% -0.80% -0.75% 1.13% 4.62% 0.47% 3.50% -2.66%

0.37% -0.45% 19.12% -1.53% 12.83% 30.20% 18.91% 16.54% 11.98% 5.29% 15.12%

Mexican Stock Exchange (1 year, daily results, 30 days trend; dates in Mexican format) 53,000.00 52,000.00 51,000.00 50,000.00 49,000.00 48,000.00 47,000.00 46,000.00 45,000.00 44,000.00 24/05/17

23/06/17

23/07/17

22/08/17

21/09/17

21/10/17

20/11/17 BMV

20/12/17

19/01/18

18/02/18

20/03/18

19/04/18

19/05/18

18/06/18

18/02/18

20/03/18

19/04/18

19/05/18

18/06/18

Linear (BMV)

Dow Jones Industrial Average

Stock Exchanges

(1 year, daily results, 30 days trend)

(30 days, daily results, various stock exchanges, and 5 days trend; dates in Mexican format) 98,000.00

14,000.00

27,500.00

88,000.00

13,000.00

26,500.00

78,000.00

12,000.00

68,000.00

11,000.00

58,000.00

10,000.00

48,000.00

9,000.00

21,500.00

38,000.00

8,000.00

20,500.00

28,000.00

7,000.00

19,500.00

25,500.00 24,500.00 23,500.00

18,000.00

6,000.00 23/04/18


03/05/18

13/05/18

23/05/18

BMV

DJIA

BOVESPA

NIKKEI225

FTSE100

DAX30

Linear (BMV)

Linear (DJIA)

Linear (Bovespa)

Linear (Nikkei225)

Linear (FTSE100)

Linear (DAX30)

22,500.00

18,500.00 17,500.00 24/05/17

23/06/17

23/07/17

22/08/17

21/09/17

21/10/17

20/11/17 DJIA

20/12/17

19/01/18

Linear (DJIA)



Stock Exchange Markets (continue) Stock Exchanges

Regional Trends

(30 days, percentage movements, dates in Mexican format)

(30 days, registered regions percentage movements; dates on Mexican format)

6.00%

3.00%

2.50% 4.00% 2.00%

2.00%

1.50%

1.00% 0.00% 0.50%

0.00%

-2.00%

-0.50% -4.00% -1.00%

-1.50%

-6.00% 23/04/18

28/04/18

03/05/18 BMV

DJIA

08/05/18 BOVESPA

FTSE100

13/05/18 DAX30

18/05/18

23/05/18

24/04/18

29/04/18

04/05/18 America

NIKKEI225

North America

09/05/18 LATAM

14/05/18 Europe

Africa

19/05/18 Asia

Technical Note

* Mexico. IPyC closed up with sectors of basic consumer goods, financial services, and health, gained Nova Energy Infrastructure, Alpek and Port of Liverpool, lost Gmexico, Nemak and VOLARIS. * Argentina. The market closed with low accumulating -4.86% in 3 sessions. OTC bonds -0.1% and country risk -3 to 452 basis points. * Brazil. The market closed down with sectors such as finance, public services, and real estate. * Chile. The market closed with low by low in the energy, mining and consumer sectors. * Colombia. The market closed down by industry, services, and public services sectors. * Peru. The market closed down with sectors such as banking and finance, S&P Lima Juniors, and mining. * Canada. The market closed with a rise in sectors of basic consumer goods, cleaning technologies, and public services. * US. Markets closed with a rise in sectors such as technology, public services and consumer services. CBOE Volatility Index -4.77% at 12.59. Winners of the S&P500 are Tiffany & Company and Polo Ralph Lauren Corporation. * Europe. The markets closed with a significant decline due to the slowdown in business activity in Europe, and tensions in North Korea and Italy. Turkey, seems to be heading for a total economic crisis. * Asia. The markets closed down with China in further decline due to doubts about the summit with North Korea and trade talks with China.




ECONOMIC INDICATORS Money Market

Concept Interest Rate Target TIIE28 TIIE182 Average Percent Cost (rate) CETES28 CETES182 CETES364 30 year Bond International Reserves (mdd) Monetary Base (M1) (mdp) UDIS UMA Monthly Prices Index General NCPI Underlying NCPI No Underlying NCPI Juarez CPI Total NPPI Final NPPI Intermediate NPPI Biweekly Price Index General NCPI Underlying NCPI No Underlying NCPI Concept Interest Rate Target Interest Rate Target (effective) Bank Prime Loan T-Bill(4wk) International Reserves (md) Monetary Base (M1) (md)

Rate Variation Unit/Period 7.50% points 7.8620% 0.0018 points 7.9750% 0.0250 points 5.0400% 0.0003 points 7.35% 0.0011 points term 28 days amount 7.68% 0.0004 points term 175 days amount 7.70% 0.0008 points term 364 days amount 7.86% 0.0024 points term 10885 días amount 172,539 130.00 mdd 1,504,459 50,017.50 mdp 6.012429 0.000009 points daily 80.60 annual Date Monthly Pt. Variation -0.34% -0.66% 5/9/18 0.15% -0.18% -1.72% -2.02% 0.01% -0.36% Period -0.04% -0.49% Apr-18 -0.08% -0.52% 0.04% -0.41% Date Biweekly Pt. Variation 1/24/18 0.24% 0.0004 0.17% 0.0018 Period 0.43% 0.0068 1Q Ene 2018 USA Rate Variation Unit/Period 1.00 - 1.25% points 1.16% points 4.25% points 1.14% 0.0003 points 3,385.8

Monthly Prices Index Date CPI 5/10/18 CPI Food & Beverages Period CPI (no F&B) dic-16 Final (no adjusted) 5/9/18 Final (adjusted) Period Final (no food/energy/commerce.na) Apr-18 Intermediate Process (n.a.)


7.20% Monthly 0.40% 0.33% 0.16% 0.09% 0.09% 0.00% 0.71%

md, annual Pt. Variation 0.0017 0.0029 -0.0016 -0.0044 -0.0017 -0.0037 0.0081

Mexico Graphs Date 5/23/18 CETES and Bonds Interbank Rates 5/23/18 5/23/18 5/23/18 2/8/18 9000 mp TIIE28 TIIE182 Linear (TIIE28) 2/8/18 Linear (TIIE182) Lineal (TIIE182) CETES28 CETES182 CETES364 11500 mp Bonos30 Lineal (CETES28) Lineal (CETES182) 2/8/18 Lineal (CETES364) Lineal (CETES364) Lineal (Bonos30) Objective Rate and APC 12500 mp Annual Inflation 2/8/18 (12 months) 3500 mp 14.00% 12.00% 12/15/17 10.00% 12/15/17 8.00% 6.00% 5/23/18 4.00% Target Rate APC Linear (Objecctive Rate) Linear (APC) 29,402.88 2.00% Annual Pt. Variation This Year Pt. Variation 4.55% -0.48% 0.90% -0.34% NCPI General Underlying No Underlying 3.71% -0.31% 1.25% 0.15% 7.07% -0.96% -0.12% -1.75% Technical Note 4.73% -0.42% 1.03% 0.02% 4.00% 0.36% 1.70% -0.04% 3.73% 0.16% 1.22% -0.08% Fed - Minutes 4.61% 0.81% 2.78% 0.04% Annual Pt. Variation This Year Pt. Variation 5.51% 0.0134 0.24% 0.0661 It is worth noting that prospects justify 4.63% 0.0021 0.17% 0.0466 another rate increase soon and could wait 8.10% 0.0495 0.43% 0.1261 longer even if inflation rises modestly above 2%, which would be consistent with the Date Graph committee's symmetric inflation target and would drive the anchor to long-term USA Rates (3 months) 5/22/18 expectations. They evaluate changes in the meetings because they think that the rates are not so encouraging, and consider adjusting the rate on excess of bank reserves to alleviate feb-17 Target Rate Effective Rate Tbill 4wk pressures. The issue of commercial tension Annual Pt. Variation This Year Pt. Variation with China is also assimilated. As for the 2.46% 1.63% 0.0010 0.0040 flattening yield curve, difference between long 1.39% 0.78% 0.0010 0.0033 and short term bonds. It is regularly negative 2.14% 1.37% 0.0002 0.0016 prior to each recession and today it goes 2.57% 1.49% -0.0037 0.0009 down. 2.58% 0.96% -0.0046 0.0009 2.37% 1.41% -0.0059 0.0000 4.70% 2.22% 0.0008 0.0072 (90 days)

(30 days)

8.00%

8.15%

7.80%

7.95%

7.60%

7.75%

7.40%

7.55%

7.35% 24/04/2018

7.20%

29/04/2018

04/05/2018

09/05/2018

14/05/2018

19/05/2018

24/05/2018

7.00%

6.80% 12/03/2018

11/04/2018

11/05/2018

(365 days)

8.00% 7.00%

6.00% 5.00% 4.00% 3.00%

2.00% 24/05/2017

24/08/2017

24/11/2017

24/02/2018

24/05/2018

1.80% 1.30%

0.80% 07/03/2018

22/03/2018

06/04/2018

21/04/2018

06/05/2018

21/05/2018



ECONOMIC INDICATORS Energy Market

Concept Mexican Crude Oil Basket West Texas Intermediate Brent from North Sea OPEP Reference Basket Intl. Natural Gas (USD/MMBtu) MX Natural Gas avg.(MXN/GJ) Liquefied oil gas (MXN/kg) Mexico (MXN) National: Magna (avg +1 d) National: Premium (avg +1 d) National: Diesel (avg +1 d) V zone: CJS - Magna (stim) V zone: CJS - Premium (stim) V zone: CJS - Diesel (stim) NA NA NA USA (MXN Fix basis) TX-avg: Regular 87 TX-avg: Premium >90 TX-avg: Diesel Ultralow TX-Hou: Regular 87 TX-Hou: Premium >90

Hydrocarbon Market USD/b Variation $ Variation % 66.39 1.83 -2.8% 71.84 0.29 -0.4% 79.80 0.23 0.3% 77.19 0.98 1.3% 2.91 0.01 0.21% NA NA NA NA NA NA Motor Gasoline (consumer prices) Price/lt Variation % Var. % Annual 17.94 0.34% 12.79% 19.32 0.41% 9.28% 19.01 0.10% 13.20% 13.88 0.00% 14.14% 16.30 0.06% 9.25% 18.14 0.06% 8.88% NA NA NA NA NA NA NA NA NA Price/lt Variation % Var. % Annual 13.86 3.65% 29.38% 16.91 4.11% 29.26% 15.90 3.55% 34.88% 14.16 6.48% 38.35% 16.79 6.04% 27.73% Technical Notes

Graphs Var. Annual % 29.64% 28.35% 32.14% 33.23% 0.73% NA NA

5/18/18

Product Crude Oil Input to Refineries Refinery Capacity Utilization (%) Motor Gasoline Production Distillate Fuel Oil Production Product Crude Oil (Excluding SPR) Motor Gasoline Distillate Fuel Oil All Other Oils Crude Oil in SPR Total


Next 5/25/18 Refinery Activity Value Variation 16,578.00 2.00 0.91 0.00 10,133.00 41.00 4,989.00 10.00 Inventories Value Variation 438.10 5.70 233.90 1.90 114.00 0.90 406.20 661.30 0.70 1,853.50 6.00

(1 year, USD)

85.00 75.00 65.00 55.00 45.00 35.00 23/05/2017

23/08/2017

Date

WTI

Brent

23/11/2017 MME

OPEP

23/02/2018

Linear (WTI)

Linear (Brent)

Unit million barrels million barrels million barrels million barrels million barrels million barrels

Linear (OPEP)

Natural Gas Price (1 year, MM/Btu USD)

3.50

05/23/18

3.30 3.10 2.90 2.70 2.50 23/05/2017

23/08/2017

23/11/2017

GN/NG

Date 05/21/18

23/02/2018

23/05/2018

Linear (NG)

Motor Gasoline: USA (left) vs Mexico (righta) (4 months, MXN Fix per litre) 18.00

20.00

16.00

19.00 18.00

14.00

17.00

12.00

16.00

10.00

15.00

Regular Premium MX

Premium >90 Diésel MX

Lineal (Magna MX)

Lineal (Magna MX)

Diésel Ultra Bajo Azufre

Magna MX

Lineal (Premium >90) Lineal (Premium MX)

Lineal (Diésel Ultra Bajo Azufre)

USA Energy Information Administration Technical Notes Unit 1000s daily barrels points 1000s daily barrels 1000s daily barrels

23/05/2018

Linear (MME)

3.70

Oil closed mixed, by unexpected rise in inventories of US and possibility for OPEC to increase production. Despite the record of US production. It is estimated that OPEC managed to eliminate oversupply and could then reactivate pumping after the June session. Dollar hits the value of oil.

Last

Oil Baskets Prices

Lineal (Diésel MX)

Graphs USA Inventories (4 months, million of barrels)

US oil inventories (wo/SR) increased from previous week and are in lower half of average range. Total motor gasoline increased and are in upper half of average range. Finished gasoline and blending components increased. Distillate fuel decreased and are in lower half of average range. Propane/propylene increased and are in lower half of average range. Total inventories increased last week.

800

700 600

500 400

300 200

100

Crude Oil (wo/SPR)

Motor Gasoline

All Other Oils

Crude Oil in SPR

Distillate Fuel Oil



NEXT DAY ECONOMIC AGENDA

Thursday, May 24, 2018, Previous Brazil Checking account (USD) (Apr), 0.80B Foreign direct investment (USD) (Apr), 6.54B

Japan Match indicator (Monthly), 0.40% Leading indicator, 10500.00% Tokyo Inflation (Annual) (May), 0.60%

Canada Corporate benefits (Quarterly), -1.90% Bank of Canada Bulletin,

Mexico Core CPI for the 1st half of the month (May), 0.07% INPC of the 1st half of the month (May), -0.35%

USA Statements by Dudley, member of the FOMC, Unemployment benefits House price indicator (Annual) (Mar), 7.20% Bloomberg consumer confidence, Sales of second-hand homes (Abr), 5.60M Natural gas reserves, 106B Indicator composed of the Kansas City Fed (May), 2600.00% 7-year debt auction (T-Note), 2.95% Statements by Harker, member of the FOMC

Peru Current account (% of GDP) (1Q), -1.60% United Kingdom Underlying retail sales (Annual) (Apr), 1.10% Retail sales (Annual) (Apr), 1.10% Appearance on the inflation report, South Africa Announcement monetary policy decision (May), 6.50% Reference bank interest rate (May), 10.00%

Eurozone ALE GDP (Annual) (1Q), 1.60% Gfk indicator of consumer climate in Germany (Jun), 1080.00% Business survey of France (May), 10900.00% Meeting of the Eurogroup, Minutes of the ECB monetary policy meeting

SPONSORS For all residents of Juarez, CH, El Paso, TX, Santa Teresa and Las Cruces, NM, who crosses international bridges, MUST download this app on their mobile phones, given: a) It serves to make bridge times more efficient. The more users, the better data. b) It will provide real time bridges to both the US and Mexico. c) The more use grants more interchangeable points in various recognized stores. d) The user must leave the app in use in the background, but data cost is minimal. The application serves for any other region and also provides support to vehicular traffic. Access: http://www.metropia.com/

