The Traderszone Network

Westpac / MNI China Consumer Sentiment up 6.1% on the month
– To its highest since September of last year

Global emerging markets cinched foreign portfolio inflows of $36.8 billion in March, the strongest month since June 2014, according to the IIF.

Asian Development Bank cuts its China growth forecast
– Forecasts China GDP growth at 6.5% in 2016, from 6.7% in its December forecast
The official (Chinese govt) is 6.5 to 7%

Despite Yellen’s best efforts today to basically dismiss any and all data as irrelevant going forward in The Fed’s decision-making process, we suspect all eyes (and algos) will be firmly glued to this week’s payrolls’ data. Will it be another record month for Obama to crow about? Will Mark Zandi do the “told you so dance” to all the trump supporters who seem less exuberant about the recovery? One look at this chart  – and the disastrous trend – and we suspect, sooner-rather-than-later, the fecal matter will be striking the rotating object in America…

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Asia’s emerging economies will see momentum stall over the next two years, the Asian Development Bank warned in its latest outlook.

Tata Steel Ltd. of India, one of the world’s largest steelmakers, said Tuesday that it would explore selling its struggling U.K.

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Former Fox Business Network analyst Tobin Smith on Tuesday settled with the SEC over payment for a penny-stock promotion.
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