The Traderszone Network

It turns out the Fed didn’t matter
The market tried to dump the US dollar on the Fed but the real stories this year are the commodity rout and trouble in emerging markets and fast-money dollar shorts got squeezed out.

U.S. stocks rose on Friday on the back of three-straight days of selling after comments from the top Fed official suggesting the central bank may hike rates later this year gave financials a boost.

Bearish bets against financials in the options market could be a sign of concern about upcoming bank earnings.

Just a few moments after the news broke in Congress, applause boomed on the other side of the nation’s capital. The crowd at the Values Voter Summit in Washington erupted into a lengthy standing ovation when Senator Marco Rubio announced on stage that House Speaker John Boehner was resigning after nearly five years. “You want to know how much each of you terrify Washington?

The US environmental regulator put all vehicle manufacturers “on notice” on Friday that it would intensify its emissions testing on diesel-powered vehicles to discover whether “defeat devices” …

The latest developments on the Volkswagen emissions scandal. All times local. ___ 6:50 p.m. Incoming Volkswagen CEO Matthias Mueller is pledging to do everything to win back the trust of the public in …

WASHINGTON (Reuters) – U.S. President Barack Obama on Friday said he and Chinese President Xi Jinping reached a “common understanding” on addressing cyber spying issues and agreed that neither …