The Traderszone Network

Authored by Bernie Sanders, originally posted Op-Ed via The NY Times,

Surprise, surprise. Workers in Britain, many of whom have seen a decline in their standard of living while the very rich in their country have become much richer, have turned their backs on the European Union and a globalized economy that is failing them and their children.

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People’s Bank of China injects 210bn yuan via 7-day reverse repos
The bank strengthening the yuan a little today and another big injection of funds into the money market

Dow +269.48 at 17409.72, Nasdaq +97.42 at 4691.86, S&P+35.55 at 2036.09 Stocks rose around the globe, led by the sectors that recently have been beaten down the most, such as banks. Demand for safe havens eased after two days of big pressure. The dollar pared its rise against the British pound. The price of oil, […]

The post The Expected Bounce Arrives appeared first on UpsideTrader.

more to come
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meanwhile – from China:
NDRC
– May rail freight volume -7.0% y/y
– Says January – May rail freight volume is -7.7% y/y
Probably cause everything gets delivered by drone now, amIright? :_d

Earlier comments from  
NZ fin min English: Brexit may increase attractiveness of NZ dollar
Bloomberg  have more now:

Nike is facing some headwinds to its overseas growth, but the big picture remains pretty solid. Image source: Nike, Inc. 

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The Fed chair’s favorite inflation indicator, plus data on income and spending, could temporarily distract markets from the Brexit.