The Traderszone Network

There is room for (iv) to go higher if it requires.

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IEX, the upstart stock-dealing venue, was criticized for an “un-American” approach to slowing down traders. FT reports.

Reserve Bank of Australia Statement on Monetary Policy (SOMP)
Sees GDP growth at 2.5 pct end 2015
Sees underling inflation at 2 pct to June 2016
Quick Headlines via Reuters 

From the Australian Bureau of Statistics, December Retail Sales FLAT
– 0.4% expected and prior also 0.4%
Also:
Retail sales excl inflation for Q4 0.6%
– expected 0.9% and prior was 0.5%, revised from 0.6%
–

Each month ForexLive runs the NFP competition – – but here is something even more awesome!
and we are again
Ladies and gentlemen, if you are about for the NFP, please do not miss this. you will need to register to attend:

First, it’s not helping that the consumer discretionary sector is down more than 10% over the past three months.  This sector weakness has manifested itself in a very weak three month performance in Walt Disney (DIS) shares, which have fallen more than 15%.  Currently, DIS trades near a critical price support zone from 90-95 and its relative strength vs. the S&P 500 is closing in on its long-term uptrend line.  Loss of both price and relative support would be very bearish for the stock, especially if accompanied by heavy, confirming volume.  Take a look at the chart:

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Yeah, I’m lumping together Aso and Mester into the one post.
They deserve each other.
Japan finance minister Aso:
– Cannot comment on effect of negative rate on JGB market
(Why not? You’re the for goodness sake!)