The Traderszone Network

Solid preliminary results and the potential to wrap up a review of its past financials are sparking a rally.

Fed’s Evans in Chicago:
– I think the fundamentals are really quite good
– Sees US unemployment at 4.75% by end of the year
– Trend growth rates in US economy lower than 10 years ago
Evans is singing from the choir book today rather than his usual dovish slant.

Reports suggest that the U.S. government is taking a very tough line with VW. Will the company settle before a critical court date later this week?

This data center connectivity specialist brushes off the threat from chip giant Intel’s competing technology.

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Submitted by Nick Cunningham via OilPrice.com,

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase.

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Vale is trying to play up the positives, but there are still a lot of negatives.