The Traderszone Network

US geological survey reporting via Reuters
No further details or tsunami warning at present.
Update 06.06 GMT
– epicentre was just under 200km SW of Apia, the capital and largest city of Samoa

Here’s your data calendar for today 8 March
Not a whole heap of data/events to keep us on our toes but I’m sure that won’t stop pairs from providing some opportunity.

The clip is the latest in a string of propaganda videos aimed to appeal to a younger generation.

Has the era of cheap oil come to an end? The strong rally is a boost to traders buts it’s not enough to revitalize the industry.

Consumer Confidence Index for February: 40.1
– expected is 42.2
– prior 42.5
–
Dunno how Japanese consumers are supposed to confident. The economic data is bad and if it ever gets better the administration is telling them inflation is just a round the cornet, and isn’t that great!

Still to come from Japan today, consumer confidence at the ‘Economy watchers’ survey
The yen is dribbling back lower after USD/JPY hit down toward 112.75 earlier, currently around 113.15

Forex news for Asia trading Tuesday 8 March 2016
China:
Japan:
It was a risk off mood in Asia today with the yen higher, AUD lower and regional equities on the slide too.