The Traderszone Network

Day after day, the ‘stability’ in the stock “markets” (specifically in AsiaPac) is posited as ‘proof’ that China is ‘fixed’, the worst is over in EMs, The Fed can raise rates, and massive monetray policy manipulation of market signals had no mal-investment consequences. Well all of that utter crap just got obliterated as China’s right-hand-man in the credit-fueled commodity boom bust – Australia – just saw its business capital expenditure collapse 20% YoY – the biggest drop ever, accelerating the crash in business spending to 11 quarters.

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Sellers 1.0640, stops above 1.0650. Sellers again 1.0690/00
– Buyers 1.0600 and just under there to 1.0585, Buyers again 1.0550. Stops under 1.0550
Currently 1.0617

The Federal Reserve is now expected to raise its benchmark interest rate in December, and now the focus is turning to the “gradual” pace of hikes thereafter.

Asian markets rose on Thursday as traders cheered the prospect of fresh monetary stimulus in Europe.

The recreational cannabis industry is changing fast, and the last few years have been a blur for investors observing the space.

More people today believe that cannabis should be legal than ever before, and famed investors like Peter Thiel have already made giant bets on the future of recreational cannabis.

Here’s five facts you need to know on the fast-moving industry:

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Foreign financial institutions have been allowed into China’s interbank forex market, ahead of the yuan’s inclusion in the IMF’s SDR basked.

Foreign financial institutions have been allowed into China’s interbank forex market, ahead of the yuan’s inclusion in the IMF’s SDR basked.