The Traderszone Network

8 March, 2016 by The TZ Newswire Staff Comments Off on ISIS’ de facto ‘minister of war’ possibly killed

ISIS’ de facto ‘minister of war’ possibly killed

An Islamic State commander described as the group’s de facto minister of war may have been killed in Syria, several U.S. officials said.

8 March, 2016 by The TZ Newswire Staff Comments Off on Currencies: Euro weakens ahead of expectations ECB will launch more stimulus

Currencies: Euro weakens ahead of expectations ECB will launch more stimulus

Investors largely remained on the sidelines given a lack of fresh trading cues before hearing from the ECB’s policy meeting scheduled for Thursday
read more

8 March, 2016 by The TZ Newswire Staff Comments Off on Live: Oil retreats, Asia stocks drop from highs

Live: Oil retreats, Asia stocks drop from highs

Squawk Box Live in Europe is tracking market moves as Asia stocks fall from 2-month highs and crude oil prices retreat.

8 March, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 9 March

Data coming up in this session 9 March

Here’s your data calendar for today 9 March
Greetings from a dark and stormy South of England.
A quiet day data wise but we do have UK ind and mftg production this morning then the BOC rate decision later to keep in focus.

8 March, 2016 by The TZ Newswire Staff Comments Off on Nikkei posts new session highs at 16705.25

Nikkei posts new session highs at 16705.25

Sill in negative territory but clawing back some earlier losses
– currently a tad lower again at 16693.44
– -90.01
– -0.53%
– USDJPY 112.65 tightly bound still

8 March, 2016 by The TZ Newswire Staff Comments Off on PBOC probably using stealth measures to intervene in FX market says Daiwa

PBOC probably using stealth measures to intervene in FX market says Daiwa

Bloomberg carry a report saying its likely the PBOC is “using stealth measures to intervene in the foreign-exchange market and shore up its currency reserves”

8 March, 2016 by The TZ Newswire Staff Comments Off on Reports PBOC to study revisions to QDII policy

Reports PBOC to study revisions to QDII policy

QDII is ‘qualified domestic institutional investor’. These have approval to raise funds in China & to use them to invest offshore
–  Quotas are administered by the PBOC’s State Administration of Foreign Exchange (SAFE)
No further details on what the revisions may be.