The Traderszone Network

Leadership doesn’t always come from the top. Sometimes, it’s found in the middle of the pack, with confirmation from other members of the group.

A quick scan of the No. 15 retail sector in the IBD stock tables reveals five restaurant stocks that made the top of the list with EPS and RS Ratings greater than 80 and an IPO in the last 15 years.

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Brazil’s gravity-defying market surged on Thursday, as the only slightly more earth-bound Argentina followed not far behind.

Sao Paulo’s Ibovespa benchmark swept up 7% Thursday, leaving it up 17.9% this year, although it hasn’t fully recovered from a 35% dive from May to January. The Merval in Buenos Aires popped 3%, giving it a 10.1% gain this year. It tumbled 37% from November to January.

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Not a huge day for data in Asia, but some important pieces nevertheless.
We’ve already had some NZ data back at the top of the hour, ANZ Job ads for February came in at +0.9% m/m (prior was -2.9%)

Fitbit is a popular name, but its future might not be as bright as you think.

Forex news for New York trading on March 17, 2016″
Markets:
– Gold down $4 to $1257
– WTI crude up $1.88 to $40.34
– US 10-year yields down 1.2 bps to 1.89%
The Fed reverberations continued to hit through Asian and European trading but trading flattened out in New York.

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            The weekend is getting closer but still to plenty of FX to come.
Any trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: