The Traderszone Network

Yahoo’s board is weighing the sale of the Internet business at a three-day board meeting starting on Wednesday, a source familiar with the matter told Reuters. Chief Executive Marissa Mayer’s attempts to revive the traditional business have born little fruit, and almost all of Yahoo’s market capitalization of about $34 billion is ascribed to its stakes in Chinese e-commerce company Alibaba Holding Group Ltd (BABA.N) and Yahoo Japan Corp .

The big event of the week is nearly upon us so let’s take a look at the people who matter at the ECB meeting and what their view on monetary policy are
Let me set out the ground rules;

Option expiries due Thursday 3 December 2015 at the 10am NY cut
A bit of chatter about on the option expiries due today, so here’s an early heads up. Some biggies for EUR/USD specifically. Check back during the London morning for further updates (if any) from Mike.

Two months ago, we looked at historical examples of what happens with the US economy any time corporate profit margins suffer a drop as large as the one experienced over the past 12 months when margins have plunged by (at least) 60 bps. The outcome: a recession on 5 out of 6 prior occasions.

read more

Australian October trade deficit numbers:
Deficit of 3,305 mln …. wider than the expected
– expected -2,600 mln
– prior -2,317 mln    
More:

HIA new home sales for October
Not usually a market mover

            –
This was out at 0000GMT … I stuck the data in and then neglected to hit ‘publish’. Grrr. I hope the ECB doesn’t do the same thing tonight 😉

The gradual shift from torrid growth stock to stable dividend payer at Nike could be a sign of things to come for Under Armour shareholders.