The Traderszone Network

Australian CPI data for the first quarter of 2016
For the ‘headline’result q/q: -0.2%
For the y/y, 1.3%
–
–
Weighted median’ CPI:
–
Much lower than expected for the inflation data, with the y/y trimmed mean now below the lower end of the RBA target band.

Authored by Pepe Escobar, originally posted Op-Ed at SputnikNews.com,

US President Barack Obama landed in Saudi Arabia for a GCC petrodollar summit and to proverbially “reassure Gulf allies” amidst the oiliest of storms.

The Doha summit this past weekend that was supposed to enshrine a cut in oil production by OPEC, in tandem with Russia – it was practically a done deal – ended up literally in the dust.

read more

People’s Bank of China open market operations today:  injects 120bn yuan via 7-day reverse repos
  –
ps. Latest US politics – Bernie Sanders projected to win Rhode island primary (Clinton has clinched Delaware, Pennsylvania and Maryland for the Dems side, Trump has done a clean sweep of all 5 already)

0130GMT will bring us Aussie inflation data for Q1 … previews:
and
Also due at 0130GMT China Industrial profits for March
– prior -4.7% y/y 

A transaction with a fee worth $136,700 was processed on the bitcoin network today, sparking speculation.

While it was broadly accepted that Trump would sweep tonight’s “Acela Primary”, few were expecting Trump to post majority wins in any of the states. And Yet, that appears to be taking place nowhere more so than in Pennsylvania where Trump’s vote as of this moment is over 65%, a result which would go far to assuring Trump of getting the required 1237 votes to avoid a contested convention.

read more

– Sellers 1.1340/50, some stops above 50
– Buyers 1.1250 and 1.1285
Currently it appears someone has turned hit the ‘off’ switch for this pair …. zzzzz …. 1.1302