The Traderszone Network

EU financial supremo in Bloomberg tv interview
– climate very constructive in Greek talks
Greece back making some headlines and Moscovici repeating the IMF’s call for urgent pension reform as a key decision maker for third bailout agreement

Japan’s large Post bank with latest outlook
– has not changed investment stance following recent market rout
– exposure to stocks likely to rise but level of holding depends on market conditions
No immediate impact expected but posting (sic) for info.

Here’s where the Forexlive readers share trading ideas and strategy
Yes folks it’s time for you to share your ideas and see what others in the community are looking at.

Chief cabinet sec out on the wires
– BOJ Kuroda says he won’t hesitate to adjust policy including easing if improvements in underlying trend inflation is disrupted.
More repetition. Posting for info

As the February oil contract nears expiry, price of oil drops to under $28 a barrel.
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Across oil fields from Texas to North Dakota fears are growing that crude’s plunge below $30 a barrel is more than just another market milestone and marks a countdown to an endgame for many shale producers that so far have braved the 18-month downturn. Oil prices tumbled by more than a fifth this month to 12-year lows 70 percent below mid-2014 levels and traders brace for more declines as world production keeps outpacing demand. It’s bad everywhere,” said Raymond Lasseigne, president of privately-held TMR Exploration in Bossier City, Louisiana.

Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015. The main obstacles for electric vehicles are their high cost and short driving range.