The Traderszone Network

Stick with what’s working
It’s painful to ride alongside an overwhelming consensus but it worked in 2015. US dollar longs were everyone’s favourite trade at the start of the year and they’ve delivered.

The BOJ is in no hurry to introduce new monetary easing measures as the country’s outlook improves, said Goldman Sachs.

Authored by Paul Craig Roberts,

My warning that the neoconservatives have resurrected the threat of nuclear Armageddon, which was removed by Reagan and Gorbachev, is also being given by Noam Chomsky, former US Secretary of Defense William Perry, and other sentient observers of the neoconservatives’ aggressive policies toward Russia and China.

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Asian stocks slipped on Monday after Wall Street sank amid plunging crude oil prices, keeping investors on edge ahead of an expected U.S. rate rise by the Federal Reserve later in the week. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9 percent after touching a 2-1/2-month low. Japan’s Nikkei fell 2.3 percent on the yen’s appreciation, while South Korea’s Kospi retreated 1.3 percent.

Alibaba Group Holding Ltd (BABA.N) has agreed on a HK$2.06 billion ($265.8 million) deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd , the newspaper group said in a statement on Monday. Alibaba and SCMP Group Ltd said on Friday that the Hangzhou-based company would buy the 112-year-old English language newspaper and other media properties, but did not put a value on the deal.

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The collapse of Third Avenue’s Focused Credit Fund jolted Wall Street and renewed worries about the difficulty of trading securities on the U.S. bond market. New York-based Third Avenue is a relatively small investment manager with fund assets that totaled $10 billion at the beginning of the year. A security guard at Third Avenue’s headquarters said on Sunday that Barse had been let go and was not allowed back in the building, the Wall Street Journal reported.

Cheniere Energy Inc voted this weekend to replace Chief Executive Charif Souki just as the company braces to become the first to export natural gas from the United State, two sources familiar with the …