The Traderszone Network

March PMI report just out.
– 54.1 prev
Below expectation and previous but still above the 50 level so indicating growth still.

Here’s what the DTCC have listed for today 1 April.
– USDJPY: 112.50 (USD 330m) 113.45-50 (490m)113.60 (260m) 114.00 (719m) 115.00 (624m)
– EURUSD: 1.1260 (310m) 1.1350 (238m) 1.1500 (431m)
With NFPs in the equation today don’t forget these are “vanilla” options which means they are live until expiry.

The Tesla boss took the stage in Hawthorne, Calif. on Thursday night in front of 800 or so people to introduce the auto maker’s hotly-anticipated Model S.

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Not a good start to the month for equities.
– FTSE -1.0%
– DAX -1.3%
– CAC40 -1.4%
– FTMIB -1.5%
– IBEX -1.5%
Meanwhile over in China the SCI pared some losses to close +0.2% at 3009.53, up 1% on the week. CS1300 Index closes up 0.1% at 3221.89, up 0.8% for the week.

Your daily thread for trading ideas and discussion.
A new day, a new month and a new set of NFP data to get all hyped up about.
So what’s on your book right now ? Or are you in sit and wait mode?

Not a good start to the new fiscal year for Japanese equities.
– -594.51
– open 16719.56
– high 16719.56
– low 16113.01
– USDJPY 112.25 and still underpinned into 112.00. Offers at 112.50.
The Tankan survey was the main cause for the falls  with theutilities sector continuing to sell-off (-4.39%) during the afternoonsession, with today seeing the first day of deregulation of Japan’s powerindustry.

March Nationwide HPI report
– +0.4% prev revised up from +0.3%
– yy NSA +5.7% vs +5.1% exp vs +4.8% prev
One of three HPI readings for the UK. Not a real price mover but good filing info.