The Traderszone Network

24 June, 2016 by The TZ Newswire Staff Comments Off on Commodities Tumble on Brexit, Gold Prices Soar

Commodities Tumble on Brexit, Gold Prices Soar

Prices of growth-related commodities such as oil and copper tumbled as investors moved to safer havens such as gold and the yen on news of Brexit.

24 June, 2016 by The TZ Newswire Staff Comments Off on ECB’s Nowotny: We have hundreds of millions of euros to use

ECB’s Nowotny: We have hundreds of millions of euros to use

Ewald Nowotny having his say
– Is seeing stabilisation in markets after initial surprise
– If banks have Brexit trouble we will provide liquidity
For now the initial reaction looks to have run its course. Before I clocked off I mentioned that the moves when the UK opened would set the tone. We’re still volatile but it’s a tad more controlled. The US open will be another potential big market mover as the yanks have their say.

24 June, 2016 by The TZ Newswire Staff Comments Off on GBPUSD orders 24 June

GBPUSD orders 24 June

Currently 1.3698 in retreat after Scottish independence threat resurfaces
Previous caveats apply to thin supply of info on order levels today.
Offers: 1.3750 1.3800 1.3880 1.3900 1.3930-50 1.3980

24 June, 2016 by The TZ Newswire Staff Comments Off on "It’s Scary, And I’ve Never Seen Anything Like It" – Where Markets Are The Morning After

"It’s Scary, And I’ve Never Seen Anything Like It" – Where Markets Are The Morning After

For those of you who are just waking up, first of all, congratulations. Here is what you missed.

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24 June, 2016 by The TZ Newswire Staff Comments Off on Bank Of England Governor Issues Statement to Pacify the Markets From Brexit

Bank Of England Governor Issues Statement to Pacify the Markets From Brexit

Governor Mark Carney has issued a statement detailing its reaction to Brexit.

24 June, 2016 by The TZ Newswire Staff Comments Off on Howard Gold’s No-Nonsense Investing: Globalization loses in Brexit vote, but it’s not the end of the world

Howard Gold’s No-Nonsense Investing: Globalization loses in Brexit vote, but it’s not the end of the world

The world will not end, and I don’t expect the British and European economies to tank, as many scaremongers predicted if Brexit won, says Howard Gold.
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24 June, 2016 by The TZ Newswire Staff Comments Off on Cameron stepping down highlights why the UK will struggle to deal with Brexit

Cameron stepping down highlights why the UK will struggle to deal with Brexit

The political snowball is starting to roll
Cameron choosing to step down shows the inherent problem with this great country. So what if he was wrong in the path he chose? At least he stood up for his beliefs. I can’t say I held huge respect for him but I hold even less now.