The Traderszone Network

1 January, 2015 by The TZ Newswire Staff Comments Off on Mario Cuomo, former NY Governor, Dies at 82

Mario Cuomo, former NY Governor, Dies at 82

Mario Cuomo, a three-term governor of New York, has died at age 82, mere hours after his son began a second term in the same role.

1 January, 2015 by The TZ Newswire Staff Comments Off on Euro starts new year at new low, oil struggles to rally

Euro starts new year at new low, oil struggles to rally

The euro started the new year at 29-month lows in Asia on Friday after the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the U.S. …

1 January, 2015 by The TZ Newswire Staff Comments Off on General Motors issues three new recalls, cites ignition systems

General Motors issues three new recalls, cites ignition systems

General Motors Co began the new year by announcing three new vehicle recalls on Thursday, as the ignition switch crisis continued to dog the automaker after millions of vehicles were recalled in 2014. …

1 January, 2015 by The TZ Newswire Staff Comments Off on When BTFD Fails: Hedge Funds Say "Enough Is Enough", Start Covering Bullish Crude Bets

When BTFD Fails: Hedge Funds Say "Enough Is Enough", Start Covering Bullish Crude Bets

Having been trained well to BTFD in any and everything, after weeks of picking bottoms, clutching falling knives, and being run over, Bloomberg reports hedge funds finally pulled back from bets on higher oil prices – reducing their net-long position in WTI crude for the first time in four weeks, cutting their holdings by 5% in the week ended Dec. 23.

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1 January, 2015 by The TZ Newswire Staff Comments Off on Meanwhile, In Hawaii

Meanwhile, In Hawaii

Rejoice mortals, for the daily update of Glorious Leader’s Hawaiian vacation is nigh.

From the Associated Press:

How President Barack Obama spent the 13th day of his family’s holiday vacation in Hawaii on Thursday:

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1 January, 2015 by The TZ Newswire Staff Comments Off on US economy facing a ‘new normal’: Rabobank

US economy facing a ‘new normal’: Rabobank

Michael Every, head of Financial Markets Research, Asia-Pacific at Rabobank, says U.S. data still present a mixed picture. He later outlines his forecasts for Asian currencies in 2015.

1 January, 2015 by The TZ Newswire Staff Comments Off on Iran says Saudi Arabia should move to curb oil price fall

Iran says Saudi Arabia should move to curb oil price fall

Falling oil will hurt countries across the Mideast unless Saudi Arabia moves to reverse the slump, an Iranian minister said.