The Traderszone Network

ECB gov council member ramping up the rhetoric
– hopes for a more rational approach by markets in March
That will depend on how clear the signals are leading up to it.

Here’s the latest on the other usual pairs
USDCHF 1.0222 underpinned but gains tempered by EURCHF supply after last week’s 1 year highs

Many frequent flyer program members are having trouble redeeming flights. A sensible alternative is to use a cash back card to accrue money for travel.

World stock markets in turmoil, rising interest rates, higher Medicare costs…this year could be a tough one for retirees to navigate financially.

ECB gov member from Lux out on the wires from Budapest
– China is suffering from lower foreign demand
– Euro area has been a key driver of low global demand over the last few years
Bloomberg reporting.

ECB exec council member on the wires
– ECB ready and able to play its part in recovery
By “reconsider” he must mean action could be taken in March as per Draghi’s presser last time

Highlights of the December 2015 UK mortgage approvals data report 1 February 2016
– Prior 70.4k
– Net mortgage lending 3.2bn vs 3.7bn exp. Prior 3.9bn. Revised to 3.8bn
Not too much of note from the data. Mortgage lending remains strong despite dipping from the 2015 highs