The Traderszone Network

20 April, 2016 by The TZ Newswire Staff Comments Off on Tearing down the house to make it greener

Tearing down the house to make it greener

In the north of England, researchers are looking at ways to make the homes we already live in as efficient and sustainable as possible.

20 April, 2016 by The TZ Newswire Staff Comments Off on BHP Australia head says coal, iron ore price rises are unsustainable

BHP Australia head says coal, iron ore price rises are unsustainable

Having just written up the Asia news wrap extolling the virtues of today’s commodity price rally, it is with reluctance I bring you this latest headline via Reuters

20 April, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Commodities have a good one

ForexLive Asia FX news wrap: Commodities have a good one

Forex news for Asia trading Thursday 21  April 2016
– NZ March Credit Card spending down 1.1% m/m (prior -0.4%) & +4.8% y/y (prior +7.3%)
Oil & its commodity buddies on the front foot in Asia today; iron ore was limit up on the Dalian exchange, rebar, silver, gold … all higher.

20 April, 2016 by The TZ Newswire Staff Comments Off on SAFE: China to promote unified onshore and offshore yuan exchange rates

SAFE: China to promote unified onshore and offshore yuan exchange rates

Reuters with the headline comments from Wang Chunying,
spokeswoman at the State
Administration of
Foreign Exchange

No further details on this … no timings etc.

20 April, 2016 by The TZ Newswire Staff Comments Off on China’s steel rally: False dawn or market shift?

China’s steel rally: False dawn or market shift?

Chinese steel prices are enjoying a powerful rally, but can the gains be sustained amid excess capacity in the sector?

20 April, 2016 by The TZ Newswire Staff Comments Off on China’s ‘zombie’ steel mills fire up furnaces, worsen global glut

China’s ‘zombie’ steel mills fire up furnaces, worsen global glut

Chinese steel prices SRBcv1 have risen by 77 percent this year from last year’s trough
Reuters report that the rise is
And … you’ll never guess what happens when the price of something rockets like that …

20 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Mexico petrochemical plant blast kills 3, injures more than 100

The Wall Street Journal: Mexico petrochemical plant blast kills 3, injures more than 100

Three people were killed and more than 100 injured Wednesday in an explosion at a petrochemical plant in southern Mexico owned by chemical company Mexichem SAB and state oil company Petróleos Mexicanos, government officials said.
read more