The Traderszone Network

Here’s your daily thread to exchange trading ideas and discussion 2 June 2016
Draghi & Co await to keep things ticking over then US NFPs so what are you all planning?

One newly minted stock bear from a major bank just got a little more bearish, saying a handful of forces including a summer Federal Reserve rate increase could send the S&P 500 into a potential tailspin this summer.
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Stocks in Japan fell as the yen extended gains against the U.S.

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The Japanese currency was higher, tracking overnight gains after Tokyo’s decision Wednesday to push back a sales-tax increase scheduled for next year.
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Here’s what the DTCC have listed for today 2 June 2016
– USDJPY 108.00-05 (611m) 108.60 (355m) 109.50 (689m) 110.00 (222m)  110.50 (820m) 111.00 (962m) 112.00 (575m)

Softer tones as Europe gets going 2 June 2016
– DAX futures -0.2%
– CAC40 -0.2%
– FTSE -0.2%
Bund futures down 1 at 164.14

Softer tones from the off on yen strength 2 June 2016
– -393.18
– open 16817.26
– high 16819.85
– low 16525.47
– USDJPY 109.11
In China the SCI currently  +0.13% at 2917.70 as we head into the final hour.