The Traderszone Network

BusinessNZ Performance of Services index from New Zealand
– 54.8, the prior is revised to 56.7 (from 56.9)
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At 54.8, the slowest for 16 months … but its all relative isn’t it? Still a solid pace of expansion in the services PMI.
Comments from BNZ senior economist Craig Ebert:

The streaming giant delivered solid results in Q1, but it wasn’t enough to live up to the hype.

The streaming giant delivered solid results in Q1, but it wasn’t enough to live up to the hype.

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The world’s top oil producers failed to reach an agreement to curb supply. Nigeria’s top oil official, Emmanuel Kachikwu, tells CNNMoney’s John Deftarios the Saudi-Iran tension is “nothing new.”

PIMCO on their expectations for the Bank of Japan meeting April 27 and 28
– Decent chance BOJ will report further easing measures
– Chance BOJ will announce easing after April 27-28 meeting
Bloomberg  with the headlines. They look a little confusing to me, but I think the “after April 27-28 meeting” is referring to the regular announcement that follows the meeting.

The last ten weeks have seen a 29% surge in “Most Shorted” stocks – that is the largest such move on record (creating the biggest rebound in stocks since 1933).

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