The Traderszone Network

It was a target point for many traders and it’s proved to be a step too far this morning
Failure to penetrate has brought about some profit-taking as traders wait to see what happens in the final couple of hours of Chinese markets

Footage posted online shows the moment a plane crashed onto a busy highway during the annual Shoreham Air Show in England on Saturday. The accident killed 11 people.

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As Chinese markets re-open after lunch with Shanghai Comp Index down 9% on the day. CS1300 Index also down 9%
– Nikkei currently higher again though at 18,556.83
: 05.18 GMT

At the heart of the selloff is the concern that the once-highflying Chinese economy may be slowing down dramatically.

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In January, Crain’s published an article about Fairway Market’s financial problems and observed that a share of the company’s beaten-up stock cost less than a half-gallon of Fairway-brand organic…

To view the full story, click the title link.

NZ PM out on the wires. Bloomberg reporting
– New Zealand fundamentals remain strong
– RBNZ stress tests show NZ banking system very strong
– economy is robust
Key on the front foot at a news conference

Here’s what’s on the expiry list at the moment
– USDJPY 121.50 (USD 380m)
– EURUSD 1.1325 (EUR 227m)
– GBPUSD none at present
– USDCAD 1.3125 (USD 190m)
I’ll check back later for any updates