The Traderszone Network

The impact of the Brexit vote is being felt in London’s property market, with many overseas investors sitting on the sidelines.

Here’s your economic data calendar for today 8 June 2016
Greetings one and all.
A few data points of note to come including UK production at 08.30 GMT and the latest US JOLTS jobs data at 14.00 GMT.

Hilary Clinton has secured enough delegates to become the Democratic nominee 8 June 2016
Clinton has enjoyed a comfortable lead over rival Bernie Sanders for a while but now, after securing the 9th largest delegate primary in New Jersey, the nomination is certain.

Forex news for Asia-Pacific trading on June 8, 2016:
Markets:
– JPY leads, AUD lags
– Gold up $4 to $1247
– Japanese 20-year bond yields hit record low at 0.205%
USD/JPY started at 107.35, fell to 106.75 and then climbed almost all the way back. Flows were the main driver of the decline but the GDP numbers cooled speculation about more BOJ action this year. The rebound came with the Chinese trade data. The better imports were seen as a good signal for the global economy.

Obama also spoke with Sen. Bernie Sanders of Vermont, thanking him “for energizing millions of Americans.”

The World Bank slashed its 2016 global growth forecast on Wednesday to 2.4 percent from the 2.9 percent estimated in January.

Chinese investors give up on stock markets
that captures the Chinese mood on stock markets. It’s a good follow-up to (and real estate).
Bloomberg has a great article
This is an interesting detail: