The Traderszone Network

Here’s your daily thread for trading ideas and discussion 31 March
Another month nearly over so what’s on your radar ?
Share all with the ForexLive community here.

Early indications of stronger-than-expected sales of new Galaxy S7 smartphones suggest Samsung is emerging from a decline in mobile.

Japanese equities finish the month on the back foot 31 March
– -120.29
– open 16997.14
– high 17033.65
– low 16758.67
– USDJPY 112.32 still range bound 112.00-113.00
Meanwhile over in China the SCI is currently +14% at 3005.12 in a 2992-3023 range so far.

German February retail sales report 31 March
– -0.1% prev revised down from +0.7%
– yy +5.4% vs +2.2% exp vs -1.2% prev revised down from -0.8% 
YY looks healthy enough but an unwelcome wobble on mm basis. Germany, like many economies, needs domestic demand.

Here’s what the DTCC have listed for today 31 March.
– USDJPY 110.00 (USD 1.94bln)  112.50 (660m) 113.00 (758m) 113.00 (557m) 113.40 (460m) 113.50 (612m) 114.25 (730m)
USDJPY expiries at 112.00 and EURUSD at 1.1295-1.1300 in play.

Two hedge fund “quants” have come up with an algorithm that diagnoses heart disease from MRI images.

In the topsy-turvy world of investing it appears that bad might just mean good.