The Traderszone Network

The yen held onto broad gains early and extended its bullish run against the kiwi, which came under pressure after a surprise interest rate cut.

With a constant barage of revelations in the past three years that virtually every market is now rigged and manipulated to the core, the question is not “is [xxx] manipulated” (it is), but whether the manipulator will go to prison. For now, just one person has: a 36-year-old London suburb resident who was living in his parents’ house and… nobody else.

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Traders are betting on declines for the New Zealand dollar as officials fight to boost growth in a country that was heralded 2014’s rockstar economy.

Last week, in “China May Double Down On Debt Swap As ABS Issuance Stumbles,” we discussed the likelihood that China’s local government debt swap pilot program would be expanded in the very near future. To recap, here’s what you need to know about the refi effort:

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Earlier today, the CIA celebrated its first anniversary on Twitter. As part of its festivities it released five “reasons why you should follow the CIA” among which two stood out:

5: The comments. Some of our followers have the most entertaining conspiracy theories on the internet.
#aliensinthebasement
#Twitterversary

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Marcus Nunes pointed me to a Stephen Williamson post.

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Wal-Mart could be on the hook for more than $100 million in back pay after a federal judge ruled the company failed to pay California minimum wage to truck drivers for activities that included inspecting …