The Traderszone Network

Here’s a piece from Bloomberg.
I’m slow off the mark on this one – Bloomberg put it up yesterday. But, its just for background really.
We’ve been mainly focused on a Fed hike in September or December (OK … I should clarify that … those of those expecting a Fed hike, like me, have been).

A gap and go for the cash Nikkei
Higher in monirng trade trade today
The easing of China worries is playing out globally, of course, the Nikkei a reflection of this

The Australian
Q2 Capex data (including revised estimates for business expenditures in 2015/16) is here
That link also has my response … which is its tepid but a little better than it was …

Submitted by Paul Craig Roberts,

The British Labour Party no longer represents the working class. Under UK prime minister Tony Blair, the Labour Party became a vassal of the One Percent. The result has been a rebellion in the ranks and the rise of Jeremy Corbyn, a principled Labourite intent on representing the people, a no-no in Western “democracies.”

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Asian stocks rose on Thursday as a sharp rebound on Wall Street helped soothe investors’ tattered nerves, while the dollar rallied as risk aversion eased.

Asian stocks rose on Thursday as a sharp rebound on Wall Street helped soothe investors’ tattered nerves, while the dollar rallied as risk aversion eased.

Michael Kurtz, global head of equity strategy at Nomura, agrees with New York Fed President William Dudley that a September rate hike is unlikely due to factors such as a lack of wage inflation.