The Traderszone Network

U.S.

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Car and home sales are surprisingly strong, says Howard Gold.
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Greek bank shares sold off sharply for the third day in a row on Wednesday, but losses were far less than in the previous sessions. The main bank sector share index (.FTATBNK) was down 20.3 percent after losing around 30 percent on Monday and Tuesday. “The market is looking for the bottom, we are not far away from it,” said Alexander Moraitakis, head of Athens-based Nuntius Securities.

ANA Holdings Inc has won creditor backing to lead a turnaround of bankrupt Japanese discount carrier Skymark Airlines Inc [SKALF.PK], defeating a plan that proposed Delta Air Lines Inc (DAL.N) as its sponsor. The victory gives Japan’s largest carrier access to Skymark’s 36 landing slots at Tokyo’s crowded Haneda airport, helping it cement its domestic dominance over Japan Airlines Co Ltd . For debt holders seeking to recoup their money, ANA is “less risky” than Delta, a creditor told Reuters ahead of the decision.

Beiersdorf and Societe General are among stock advancers helping to push the Stoxx Europe 600 higher, as eurozone retail sales fall more sharply than expected.
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The quid remains firm after drop in Services PMI
To be honest I was expecting a bigger move south on that number with the BOE hattrick tomorrow.
It wasn’t a terrible number but it could have added weight to dovish interest rate expectations. The price tells the story and we’ve already had one clue with the reaction to Lockhart’s overnight comments in other dollar pairs

Here’s the latest on some other key pairs
USDCHF currently 0.9797 still perky as EURUSD falls and EURCHF keeps a bidSellersBuyers  0.9775 0
  0.9830 0.9860 0.9885 0.9900 0.9930 0.9950
EURCHF
currently 1.0640 still supported around 1.0600Sellers  Buyers