The Traderszone Network

Gold’s muted reaction to the ECB’s stimulus suggests moves in global interest rates may not be enough to sway its price.

Bloomberg with the story on a mystery punter in the Istanbul stock market
– First appeared a year and a half ago
– Now executing major transactions with increasing frequency
A local trader says:

Here’s how to tune in, and what to expect.

HSBC comments on the oil market:
HSBC economist Fred Neumann:
– “the problem… lies with all the extra supply (e.g. Iran) that has poured onto markets. That means that even a (demand) pick-up in China, in any event likely to be marginal, may not be enough to sustain the latest rally.”

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

On July 25, these superdelegates will cast votes at the Democratic National Convention for whomever they want, regardless of primary and caucus outcomes. Democrats like to describe superdelegates as mostly elected officials and prominent party members, including President Obama and former Presidents Bill Clinton and Jimmy Carter.

read more

The economy of the United States was destroyed almost overnight.

As VisualCapitalist’s Jeff Desjardins notes, more than 5,000 banks collapsed, and there were 12 million people out of work in America as factories, banks, and other shops closed.

read more

Unknown hackers have managed to steal about $80 million, one of the largest known bank thefts in history.
They breached Bangladesh Bank’s systems and stole its credentials for payment transfers