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    US Elections: Clinton did unexpectedly well in yesterday's primaries - BBH

    Research Team at BBH, notes that the Clinton did unexpectedly well in yesterday's primaries as she appears to have won handily in California where some polls had shown a tight race. Key Quotes“Typically, when a candidate secures their party's nomination, they experience a bump in the polls. This has not been a particularly good period for Trump.  His recent comments have been criticized by many Republican officials, including those who have recently endorsed him.  Both parties will hold their conventions next month. The focus shifts toward the vice-president candidates, and on the Democratic side, how Clinton will reach out to Sanders' support is important as well. The North American session features the JOLTS report on the labor market, which some Fed officials have cited in the past. Note that the new Federal Reserve Labor Market Index fell sharply in May after the April series was revised sharply lower.  API estimated that oil inventories fell 3.56 mln barrels last week. The median estimate is that the DOE will show a 3.1 mln barrel draw.  Oil prices are firm with Brent testing $52 and WTI near $51.”


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