The Traderszone Network

The Beijing Auto Show banned brands from using “car show girls” to enhance their displays. Cue a new legion of male motor attendants.

President of GPIF Norihiro Takashi in an interview reported by Bloomberg
– waiting to see results of negative rates
– positive results from negative rates may take time
Not new news as it was on the Bloomberg site earlier but hitting the headlines now/again. USDJPY has a further wobble to 110.73 with yen pairs all following suit and posting session lows.

A wealth manager suspected of fleeing with investors’ money has emerged to say he has not absconded but left to meditate, the SCMP reports.

Currently 0.7702 still on the back foot
AUDJPY selling still adding supply as . 0.7730 still proving to be a strong cap.
iron ore prices fall
Offers:  0.7730 0.7750 0.7780 0.7800 0.7850 0.7880

Here’s your daily thread to exchange trading ideas 26 April
Yen demand weighing on other core pairs still as I type. Cable running into good supply above 1.4500. Euro trying to make its mind up.

Positive tones as European desks get under way 26 April
– DAX futures +0.2%
– CAC40 +0.2%
– FTSE +0.2%
German bund futures up 4 at 162.22
In China the SCI is currently +0.23% reversing earlier losses in a 2934-2961 range so far as we head into the final hour