The Traderszone Network

Your daily thread to exchange trading ideas and discussion 26 May 2016
Lots going on again with Brexit, G7,Japan, and US rate hikes to name just a few so what’s on your book and/or what you looking to add?

The Nikkei reporting a presentation made by PM Abe at the G7 26 May 2016
Nikkei are reporting that Abe also warned the G7 of a crisis on the scale of Lehman Bros. At the meeting he has shown that commodity prices have fallen 55% since 2014, the same margin they fell during the global financial crisis.

Japanese deputy cabinet spokesman on Reuters 26 May 2016
– timing and size up to each country’s situation
– Abe told G7 they share the view on risks to global economy

European equities yet to make their mind up 26 May
– FTSE -0.1%
– DAX +0.1%
– CAC40 -0.1%
– FTMIB -0.5%
– IBEX -1.1%
In China the SCI closed up +0.3% at 2822.44. CS1300 Index +0.2% at 3064.21

Final Spanish Q1 GDP reading 26 May 2016
– +0.8% flash
– yy +3.4% as exp/flash
Nothing to see here.
EURUSD 1.1173 EURGBP 0.7581 EURJPY 122.76
We have the UK Q1 GDP 2nd reading on its way at 08.30 GMT

After last summer’s Jade Helm military drills, and just weeks after FEMA’s mass arrest drills in Texas, it is little wonder that the residents of Beech Grove, Indiana were terrified upon being awoken last night by the sound of bombs and helicopters, and flooded the emergency 911 call network with requests for information and reports of explosio

read more

Currently 122.60 also dizzy from the Asian drop
Offers  122.80 123.30 123.60 123.80 124.00 124.30 124.50 124.70-75 
123.00
125.00
Bids:  122.30 122.00 121.70