The Traderszone Network

18 October, 2015 by The TZ Newswire Staff Comments Off on EURUSD orders 19 Oct

EURUSD orders 19 Oct

Currently 1.1352 running into a few sellers as focus turns to ECB on Thursday
Offers
 1.1375-80 1.1400 1.1425-30 1.1455-60 1.1485 1.1500
Bids:
1.1330-35 1.1300 1.1285 1.1265 1.1250 1.1230 1.1200

18 October, 2015 by The TZ Newswire Staff Comments Off on European equity markets open lower 19 Oct

European equity markets open lower 19 Oct

A softer start as expected
– FTSE -0.1%
– DAX -0.2%
– CAC40 -0.2%
– FTMIB flat
– IBEX -0.2%
Shanghai Comp Index closes down -0.1%

18 October, 2015 by The TZ Newswire Staff Comments Off on BOJ Osaka branch manager says China has room for policy action

BOJ Osaka branch manager says China has room for policy action

Comments from Miyanoya on the wires
– China’s slowdown has limited impact on Kansai
– tourists still spending strongly
– many firms in Western Japan want fx stability having been affected by Chinese market volatility in August
USDJPY 119.32 after finding a bit of support/demand into 119.20-25

18 October, 2015 by The TZ Newswire Staff Comments Off on Do investors really trust the China figure?

Do investors really trust the China figure?

Analysts ran a fine-tooth comb through the official growth figures out from China. And, one thought was very much at the top of their minds.

18 October, 2015 by The TZ Newswire Staff Comments Off on China steel giant puts off redemptions in cash squeeze

China steel giant puts off redemptions in cash squeeze

State-owned Sinosteel said it had extended the date investors can start redeeming its bonds until Nov. 16 amid reports of liquidity problems.

18 October, 2015 by The TZ Newswire Staff Comments Off on ECB’s Nowotny says there may be a need for more expansive fiscal policy in the Eurozone

ECB’s Nowotny says there may be a need for more expansive fiscal policy in the Eurozone

ECB gov council member on the wires
– sees fiscal policy as neutral now
Regular ECB mantra that calls for greater fiscal reform to support monetary policy

18 October, 2015 by The TZ Newswire Staff Comments Off on Eurostoxx50 futures down -0.1% in early trading 19 Oct

Eurostoxx50 futures down -0.1% in early trading 19 Oct

Softer tone as Europe wanders in
– DAX futures -0.1%
– CAC40 -0.2%
– FTSE -0.,1%
Bund futures down 11 at 156.80
Weaker equity markets giving the euro a helping hand again