The Traderszone Network

Housing Industry of Australia new home sales data (for April 2016)
– Detached house sales are -3%
– Multi-unit sales -10.8%
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 HIA commenting that the trend in new home sales has peaked for this cycle
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Asian stocks open mixed, despite futures pointing to a higher open for Asian stocks on Monday.

James Bullard, president & CEO of the Federal Reserve Bank of St. Louis is speaking in Seoul, South Korea at the Band of Korea conference
While not directly commenting on his economic outlook nor that for monetary policy he has said a few things for the entrails-gazers and tea-leaf readers to ponder:

We have tracked the problems of recently junked Noble Group – Asia’s largest commodity trader – extensively over the past year (see “Noble Group’s Kurtosis Awakening Moment For The Commodity Markets“, “Junk Isn’t Very Noble: Asia’s Largest Commodity Trader Responds To Moody’s Downgrade“, “read more

There once was a time (at least in banished Austrian economic circles) when low market interest rates signaled to entrepreneurs a positive environment in which to make investments in order to grow or create new product. That indicator has long since been broken as central banks muddy the waters and arbitrarily move interest rates wherever they feel ‘optimal’, including corporate bond rates.

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This article is published in collaboration with Scutify, where you can
find real-time markets a

It’s been a long downward spiral for leather fashion designer Coach (NYSE: COH), but the company may finally be turning things around. It reported earnings on April 26 and posted solid growth. Despite the reassuring numbers, though, Coach stock hasn’t responded in kind. What does the company need to do to get the stock on an upward trajectory and restore investor confidence?

After reaching a peak in 2013, Coach has seen revenues and profits steadily decline. Here’s a chart depicting the trend:

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