The Traderszone Network

AUD/USD
Currently 0.7013
– 
NZD/USD
Currently 0.6367

In the wake of the petrodollar’s dramatic collapse late last year, we’ve been keen to document the projected effect on global liquidity of net petrodollar exports turning negative for the first time in decades. We also moved to explain how this dynamic relates to the FX reserve liquidation we’re now seeing across EM. 

read more

ANZ Business Confidence and Activity Outlook for September
ANZ Business Confidence -18.9
– The prior month’s result of -29.1 was a 6 year low
Activity Outlook 16.7

Why swing trading and other short-term trading strategies can hurt your returns.

Japan data-Industrial Production for August (preliminary)
-0.5 % m/m
– expected +1.0%
– prior was -0.8%
 +0.2% y/y
– expected +1.8%
– prior was 0.0% (flat)
Outlooks from Japanese manufacturers:

Japan August Retail sales
0.0 % m/m  (flat)
– expected +0.5%
– prior was +1.4%
+0.8 % y/y
– expected +1.2%
– prior was +1.8%
more to come

On August 25th the Dow Industrials and the Dow Transportation Index simultaneously made closing lows below the mid-October lows of last year and that is a Dow Theory sell signal. Now, initially, I have chosen to temporarily ignore that because in the past 18 years…

read more