The Traderszone Network

Comments from Chinese Premier Li Keqiang
Hi is saying nothing much new or thats gonna rock the boat.
Via Reuters:
– China’s economy has had a good and stable start in 2016

Is it Friday yet?
Kuroda in parliament, saying pretty much the same old thing.
– Negative interest rates will impact economy and prices, but with a time lag
– Can’t solve all of Japan’s problems with monetary policy
Tks, K

One week ago, we wrote that as a result of the collapsing crude contango, oil tankers (such as the fully loaded Distya Akula which has been on anchor in the Suez Canal for one month unable to find a buyer for its cargo so it continues to wait) “will soon have to unload their cargo”, in the process flooding the already oversupplied market with millions of barrels of crude oil, thus pushing the price of oil far lower.

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Asian shares slipped Thursday after the U.S.

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Biotech stocks got kicked in the teeth on Wednesday, with Bluebird getting hit hard than most.

BOJ policymakers engaged in heated debate at the March meeting on their January decision to adopt negative interest rates.

Reuters report that short-selling has resumed in China according to official China media
Nothing further at this stage
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Meanwhile, Chinese stock markets have opened lower