The Traderszone Network

Kazuo Momma (was
the BOJ’s executive director overseeing international
affairs, until May)
Momma speaking in an interview with Reuters

Forex news for Asia trading Monday 27 June 2016
(for a chart of earlier price movements in GBP/USD, )
here
Monday:
Weekend:
Brexit uncertainty a driving factor again for financial markets today to open the week. GBP dropped in the early, very illiquid hours and despite decent sized bounces its still near session lows as I update and 200+ points lower than Friday’s late US session levels.

The EU needs to introspect what it stands for, Luxembourg’s finance minister told CNBC after the U.K.’s shocking Brexit vote.

Fundnel, a collaborative crowdfunding investment platform based in Singapore, has formed a partnership with the Business Angel Network Southeast Asia (BANSEA), to pool resources and boost deal flow.  BANSEA ONE, backed by BANSEA and Fundnel, will become a key investor in early stage companies in… Read More

read more

Using the Dow Jones Industrials ($INDU) as a proxy for the U.S. stock market, let’s look at the market’s response to the Brexit vote. Is there a Wyckoffian theme unfolding that possibly provides some early advice on how to proceed from here?

Wyckoffians think in terms of scenarios. Now that price has returned to Support, we consider a bearish and a bullish response to the Brexit event.

read more

Markets braced for more upheaval, with new pain set to rain on the pound and the yuan tapping lows amid uncertainty after the Brexit vote.

Markets braced for more upheaval, with new pain set to rain on the pound and the yuan tapping lows amid uncertainty after the Brexit vote.