The Traderszone Network

Here are the winners at Sunday’s 88th annual Academy Awards:
read more

Not a good start to the week for Asian equities
– lows just posted of 16115.51
– currently 16123.87
– -0.4%
– USDJPY following it down to 113.00
Shanghai Comp Index currently -3.8% at 2662.20

Here’s the data calendar for this leap-year extra day
It is indeed month-end so we should keep our senses alert to some decent flows and a bit of EURGBP buying although my guess is that much has been pre-empted, by the markets at least.

Japan data for January:
Housing starts +0.2% y/y
– expected -0.3%, prior -1.3%
Annualized Housing starts 0.873m
– expected 0.870m, prior 0.860m
Construction Orders -13.8% y/y

China expects to lay off 1.8 million workers in the coal and steel sectors, an official said on Monday.

Forex news for Asia trading Monday 29 February 2016
Stock markets in China sold off hard today, with commentators citing a lack of agreement on specific stimulus measures at the G20 over the weekend. I am not sure when it became necessary for reasons to be found to slam Chinese stocks, but there you go.

Calculating the annual interest rate for your investments can help you assess their performance.