The Traderszone Network

Forex trading news and economic data headlines for August 6, 2015
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The highlight for the day occurred at 7 AM ET when the BOE came out with their statement on monetary policy. That was followed by a presser from BOE Carney. The end result, was the BOE was less hawkish in their comments.  The market was gearing up for a more definitive MPC but what they got was one that gave caveats about future data.  The result was a taking away of some of the recent gains.

Laredo Petroleum Inc sees better days ahead.

Bojangles’ earnings and same-store sales edged above expectations on Thursday.

Goldman Sachs joined the view that oil prices will remain “lower for longer” after forward prices, commodity currencies and energy equities reached levels not seen since 2005.

Starbucks CEO Howard Schultz says in The New York Times that although he will not run, he is concerned with the quality of candidates.

Gold futures in New York were mostly little changed in New York on Thursday as traders proved reluctant to make a move before a U.S. jobs report due on Friday. A gain for employment could push the Federal Reserve to tighten monetary policy sooner, cutting the appeal of bullion because it doesn’t pay interest. The declines in volatility show that the “market isn’t that interested” in gold as “fewer people are trading it,” Tai Wong, the director of commodity-products trading at BMO Capital Markets Corp. in New York, said by telephone.

The maker of Oreo cookies may again be the target for a shakeup as “Big Food” companies scramble to transform amid changing tastes. Activist investor Bill Ackman’s Pershing Square said it took …