The Traderszone Network

Paring gains to 18810.05 highs soon after opening
– currently 18534.43
– +157.60
– +0.86%
– USDJPY 119.94 also in a steady retreat from 120.20
  Currently 18552.36 from fresh lows of 18486.46 as Shanghai Comp resumes with gains of +1.66%

Greetings one and all
Another lively 24 hours and I hope some pips in the bag for you too
Data wise we have another look at the UK housing market (Nationwide HPI) and Spanish GDP this morning while the US session brings us another GDP reading, initial jobless claims and oending home sales

Squawk Box Live in Europe has the latest news and analysis from global markets, as a stellar rally on Wall Street helps investor sentiment to rebound.

Here’s what’s on the board at the moment
– USDJPY
– EURUSD 1.1350 (311m) 1.1400 (346m)
– GBPUSD none
– USDCAD
– AUDUSD 0.7000 (AUD 400m) 0.7050 (200m) 0.7250 (201m) 0.7300 (241m)

Yomiuri press reports that Nippon Life Insurance is in “serious” talks to buy National Australia Bank Ltd’s insurance business
– Deal said to be worth up to $2.5bn
()

Integra coal mine has been sold by Vale
– The mine had been mothballed since July 2014
– Undisclosed price
– Vale sold a coal mine for the sum of a dollar (yes, just the one) in July

I posted the capex data , with my response.
here
And the Fast FT response is
here
Bloomberg have a piece up now:
Not a positive take at all from RBC
More at the link