The Traderszone Network

More on Portugal; earlier news on the 
ousting of the Portuguese government
– A downgrade could see the country kicked out of the ECB’s bond buying programme.
–

Submitted by John Whitehead via The Rutherford Institute,

“Behind the ostensible government sits enthroned an invisible government, owing no allegiance and acknowledging no responsibility to the people.” ? Theodore Roosevelt

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Asian stocks saw cautious trade on Wednesday, as investors await a slew of data from China.

Comments from Goldman Sachs’ China strategist Kinger Lau interview
– Sees start on Shenzen – Hong Kong stock link by April
– Sees high probability of yuan inclusion in SDR
–

Lv Xiwen, deputy head of the Communist Party of Beijing, has been put
under investigation for suspected “severe violations of discipline”
– Thats according to the Communist Party’s discipline watchdog, posted in its website

According to the U.S. State Government 2013-2015 Foreign Assistance report, an estimated $5.9 billion was spent on foreign military funding alone in fiscal year 2014.  This is equivalent to 17% of the estimated $35 billion spent on total global aid discussed in our previous article. U.S.

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Deutsche Bank outline a new reason to be bullish the US dollar and bearish EUR/USD
This via eFX
In a note to clients today,
“Over the last few weeks the cross-currency basis, representing the
additional cost of borrowing dollars in the FX swap market over and
above the rate differential, has ballooned to the highest since 2011,”
DB notes.