The Traderszone Network

30 August, 2015 by The TZ Newswire Staff Comments Off on EURUSD giving away the gains as sellers pile in

EURUSD giving away the gains as sellers pile in

Euro and pound undoing the Asia rally
EURUSD looks like it’s heading for 1.1200 as macro funds and corporates in Europe ride in to sell the rally. We’ve been down to 1.1211 now and through bids at 1.1220

30 August, 2015 by The TZ Newswire Staff Comments Off on European stocks kick off the week lower

European stocks kick off the week lower

European stock market open 31  August 2015
– FTSE closed
– Cac -0.8%
– Dax -0.9%
– Ibex -0.8%
– FTSE Mib flat
European bonds
– Italy 1.92% flat
– Spain 2.07% flat
China’s SSE managed to pull some of the losses back to close down 0.8% at 3205.99

30 August, 2015 by The TZ Newswire Staff Comments Off on Pressure mounts on Europe as migrant death toll rises

Pressure mounts on Europe as migrant death toll rises

Approximately 2,500 refugees and migrants are believed to have died or gone missing trying to reach Europe this year alone.

30 August, 2015 by The TZ Newswire Staff Comments Off on June 2015 Spain total mortgage lending 21.8% vs 15.1% prior y/y

June 2015 Spain total mortgage lending 21.8% vs 15.1% prior y/y

Spanish mortgage data for June 2015
– House mortgage approvals 26.3% vs 10.9% prior.

30 August, 2015 by The TZ Newswire Staff Comments Off on August 2015 Swiss KOF leading indicator 100.7 vs 99.5 exp

August 2015 Swiss KOF leading indicator 100.7 vs 99.5 exp

August 2015 Swiss KOF leading indicator 31 August 2015
– Prior 99.8
While in Switzerland the latest SNB sight deposits were released as well
– Total deposits 463.9bn vs 463.4bn prior

30 August, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: China ‘punishes’ nearly 200 for spreading rumors

The Wall Street Journal: China ‘punishes’ nearly 200 for spreading rumors

The sweep targeted people who the government said spread false Internet rumors regarding events such as the stock-market turmoil and deadly explosions earlier this month in the port city of Tianjin, the Ministry of Public Security said Sunday.
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30 August, 2015 by The TZ Newswire Staff Comments Off on Goldman takes a knife to China GDP forecasts

Goldman takes a knife to China GDP forecasts

Goldman Sachs slashed its China’s growth forecast over the next three years amid broadening pessimism over the health of the country’s economy.