The Traderszone Network

1 December, 2015 by The TZ Newswire Staff Comments Off on US deploying new force to boost fight against ISIS

US deploying new force to boost fight against ISIS

The U.S. is deploying a new force of special operations troops to Iraq to conduct raids against IS there and in neighboring Syria.

1 December, 2015 by The TZ Newswire Staff Comments Off on Saudi Arabia unlikely to support oil output cut at Opec

Saudi Arabia unlikely to support oil output cut at Opec

Bloomberg reporting on analysis from Citi:
– Saudi Arabia unlikely to support oil output cut at Opec

Nothing further at this stage

1 December, 2015 by The TZ Newswire Staff Comments Off on EUR/USD technical analysis set-up, targets

EUR/USD technical analysis set-up, targets

eFX with the notes from the technical strategy teams at SocGen and Credit Suisse
Some insights on EUR/USD setup and projected path in the near-term
“After breaching the flag formation, EUR/USD is now closing in on
March lows near 1.0550/1.05. More importantly this is the multi decadal
upward channel support. Monthly RSI has retraced after testing a
horizontal resistance which suggests there is a possibility of further
downtrend towards monthly descending channel at 1.04. The ongoing
correction is retracing the 2000-2008 up move however

1 December, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Australian GDP data beats raised expectations

ForexLive Asia FX news wrap: Australian GDP data beats raised expectations

Forex news for Asia trading Wednesday 2 December 2015
– Japan Monetary Base for November +32.5% (prior +32.5% also)
A subdued beginning to the session and it didn’t heat up too much from there.

1 December, 2015 by The TZ Newswire Staff Comments Off on ABC says China behind ‘massive’ cyber-attack on Australian government

ABC says China behind ‘massive’ cyber-attack on Australian government

reports of a major hack into the computer systems of Australia’s Bureau of Meteorology
Reuters
Yeah, that’s right, the weather forecast people.
But ….
The Bureau of Meteorology owns one of Australia’s largest supercomputers and the attack, which the ABC said occurred in recent days, may have allowed those responsible access to the Department of Defense through a linked network.
(ABC is the Australian Broadcasting Corporation)

1 December, 2015 by The TZ Newswire Staff Comments Off on It’s still too early for the Fed to start raising rates. Here’s why, says ex staffer.

It’s still too early for the Fed to start raising rates. Here’s why, says ex staffer.

The Federal Open Market Committee (FOMC) of the Federal Reserve meet on December 15 and are widely expected to hike rates
But, its too early to do so argues this piece from the Wall Street Journal

1 December, 2015 by The TZ Newswire Staff Comments Off on Dead, White, & Blue – The Great Die-Off Of America’s Blue Collar Whites

Dead, White, & Blue – The Great Die-Off Of America’s Blue Collar Whites

…in the 2016 campaign season, it couldn’t be clearer that the billionaire version of white privilege is going great guns, but as for working class whites, not so much. As Barbara Ehrenreich, founding editor of the Economic Hardship Reporting Project, notes today, the sense of white privilege has taken a hit in America and that’s not surprising.

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