The Traderszone Network

The performance adds fuel to McDonald’s revival, after the chain had seen its U.S. sales fall for two years up to the third quarter of 2015 following a series of missteps under former chief executive Don Thompson, who left the world’s biggest restaurant chain last year. “Once upon a time, under previous leadership, it seemed like McDonald’s became a less nimble company where it took a really long time to roll out new products and innovations,” said Morningstar analyst R.J. Hottovy.

read more

BOE gov being grilled on some specifics
– says his views expressed in his speech last week were his own
– MPC and FPC not consulted prior
Similar line of questioning followed his famous Mansion House speech that sent rate hike expectations soaring, and indeed the pound

Oil dropped to $30 a barrel, trading within sight of a 12-year low on concerns about excess supply and signs of a China slowdown.

US ratings agency out with their latest NZ review
– sovereign rating affirmed at AA
– weaker growth prospects have translated into a slower than expected path of debt reduction

NZDUSD takes a quick dip below 0.6440 from 0.6455

Broad-based losses in European markets have been prompted by a setback in oil prices to below $30 a barrel.
read more

This grad’s strategy took care of $65,000 ahead of schedule

read more

BOE gov Carney’s up and running at the Treasury Select Committee
– wants to make a decision by year-end
Carney insisted on a 5 year term rather than the standard 8 years when he signed up 2 1/2 years ago. Recent talk says he may stay on after that time.