The Traderszone Network

29 October, 2015 by The TZ Newswire Staff Comments Off on There was no proposal for further easing today says Kuroda

There was no proposal for further easing today says Kuroda

BOJ governor Kuroda still going on
– Board members view downside risks from overseas economies are somewhat large
– If EM slowdown continues it could hurt Japanese trade and corp earnings

29 October, 2015 by The TZ Newswire Staff Comments Off on MorphoSys Announces Clinical Milestone in Hemophilia Program with Bayer HealthCare

MorphoSys Announces Clinical Milestone in Hemophilia Program with Bayer HealthCare

29 October, 2015 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda: Economy has continued to recover moderately

BOJ’s Kuroda: Economy has continued to recover moderately

BOJ’s Kuroda press conference following monetary policy meeting 30 October 2015

Recovery moderate despite EM slowdown
– Virtuous economic cycle is working in economy
He’s just repeating the outlook statement right now so I’ll only add any new comments          

29 October, 2015 by The TZ Newswire Staff Comments Off on BOJ is playing a dangerous game if they’re only waiting for oil to save them

BOJ is playing a dangerous game if they’re only waiting for oil to save them

Waiting for oil to rise to get inflation higher is a very weak excuse
I don’t think I’ve ever heard so much rubbish coming from a central bank. If the price of oil is going to be the saviour of Japan then they’re in heaps of trouble

29 October, 2015 by The TZ Newswire Staff Comments Off on City National Announces Preliminary Results of Stockholder Election for Merger Consideration

City National Announces Preliminary Results of Stockholder Election for Merger Consideration

29 October, 2015 by The TZ Newswire Staff Comments Off on BOJ pushes back CPI target to second half of FY 2016

BOJ pushes back CPI target to second half of FY 2016

BOJ semi annual economic outlook report
– Sees Core CPI at 0.1% vs 0.7% FY2015
– Core CPI 1.4% vs 1.9% FY2016
– Core CPI 1.8% unch FY2017
– Says timing on hitting CPI target dependent on oil prices

29 October, 2015 by The TZ Newswire Staff Comments Off on USDJPY still can’t find a way to stay above 121.30 nor break 121.50

USDJPY still can’t find a way to stay above 121.30 nor break 121.50

You’ve got to be cautious when big events can’t clear big levels
Two levels were in play up here, 121.30 and 121.50. We got above one but not the other, then failed to stay above