The Traderszone Network

German finance minister Wolfgang Schaeuble reaffirmed his commitment to a third Greek bailout deal in an interview with ZDF on Monday.

According to a survey from Thumbtack, Texas is the most friendly state for small businesses and Rhode Island is the least friendly, and two New England cities bookend another list.
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Société Générale with technical analysis charts on AUD/USD and EUR/USD,  
via eFX

which represents 76.4% retracement of 2008-2011 up move, notes SocGen.

Forex news for Asia trading Tuesday 18 August 2015   
China:
Australia
New Zealand:
Market attention is turning away from the People’s Bank of China’s daily yuan reference rate setting as the devaluations of the yuan have seemingly come to an end. Today’s setting was barely changed from yesterday’s. Nevertheless, PBOC activity was again a focus today as the bank , easing liquidity conditions as it supports the yuan in the FX market.

Asian shares recovered from two-year lows on Tuesday as strong U.S. housing data offset concerns from a weak U.S. manufacturing report, while the dollar’s prospective yield advantage kept it firm. Japan’s Nikkei (.N225) rose 0.1 percent and most shares markets in Asia rose, lifting the MSCI’s broadest index of Asia-Pacific shares outside Japan 0.4 percent from its two-year low marked on Monday. Two highly contrasting U.S. economic indicators published on Monday left many market players scratching their heads on the state of the U.S.

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Oil prices dipped again on Tuesday as traders braced for lower refinery consumption after the U.S. summer, while Asia’s weakening economies and high global production stoked concerns about oversupply. Both crude oil benchmarks are now almost a third below their last peak in May, with data showing speculators have taken huge bets on further falls. “Fundamentals suggest downside risks still remain in key markets – particularly iron ore and crude oil – in the months ahead,” ANZ bank said on Tuesday, expecting U.S. stockpiles to rise in coming months as refiners reduce operations for maintenance.

Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) owns a stake of about 9 percent in the company. Billionaire John Malone-backed Liberty will combine the five-year old Zulily with its QVC business, which is about 30 years old and seen by analysts as a maturing business in the United States. QVC has been expanding its digital presence – 40 percent of its revenue comes from e-commerce.