The Traderszone Network

ECB  chief economist Peter Praet comments on Bloomberg via AFP
– ECB surprised by weak French growth
– France finds labour market reforms difficult
Those last comments backing up bossman Draghi’s presser statement last Thursday

Lawrence Ho is launching a $3.2B Macau entertainment complex at the time when gaming revenues at the casino mecca are weakening.

Latest data now out
– orev revised up from 1.63
Nothing to see here. Posting for info
USDCHF 0.9822 with offers/res into 0.9850 still a step too far
EURCHF underpinned at 1.0866

Softer tones as European traders return
– DAX futures -0.3%
– CAC40 -0.2%
– FTSE -0.2%
Bund futures up 2 at 157.61
Shanghai Comp Index closes up +0.1% paring early losses. CS 1300 Index also clawing its way back to a +0.1% close

Yes folks, all heading your way at 09.30 GMT
The first thing to bear in mind is that the first reading is comprised of only 50% of the data, and only includes the output side of the economy

BP, the U.K. oil giant, is slashing costs as it prepares for a long-term low oil price environment.

Ferrari’s stock is like a GoPro or a FitBit. It’s an amazing brand but once again irrational exuberance has pumped up an IPO price.