The Traderszone Network

Squawk Box Live in Europe is tracking market moves on reports of a meeting between Russia and major oil producers in Doha.

Oil prices rallied in the Asia session on news that large producers would meet in Qatar to discuss measures to tackle a supply glut.

Oil prices rallied in the Asia session on news that large producers would meet in Qatar to discuss measures to tackle a supply glut.

Project Zero, billed as the first all-electric vertical takeoff and landing aircraft, is designed to fly in low and no-oxygen environments.

Forex news for Asia trading Tuesday 16 February 2016
It was continuation day in Asia again today, with higher yen crosses, AUD and regional stock markets, while Kiwi spoiled the show with a decent fall.

n the wake of the poor trade dat out of China yesterday, Bloomberg says:
Economists at Macquarie Securities Ltd., Australia & New Zealand Banking Group Ltd. and Natixis SA said the unusual spike in Hong Kong imports points to companies using trade channels for financial arbitrage. Over invoicing for goods gives a company or individual the opportunity to skirt China’s capital controls and shift money off shore.”It’s very likely to be fake trade,” said Larry Hu, head of China economics at Macquarie. “That’s the main reason why imports from Hong Kong have surged.”

Aggregate financing jumped , and new yuan loans hit a record
Both beat estimates
Data is here
 
Bloomberg have more:
Stocks have surged in China today, the Shanghai Comp is up 2.83% so far today.