The Traderszone Network

Australian Industry Group (AiG) Performance of Manufacturing Index for June comes in at 51.8
– prior 51.0
Another ‘expansion’ reading for Aussie manufacturing

Fund manager Fidelity are moving around 100 jobs out of the UK to Dublin
The move was planned before the Brexit vote, the company says.
via Reuters

Japan’s public pension fund, the Government
Pension Investment Fund
is said to have recorded portfolio losses for the 12 months through March of between 5 trillion and 5.5 trillion yen

Image source: Getty Images.

The biotech sector has taken a bit of a beating, down about 24% this year as measured by the iShares NASDAQ Biotechnology Index ETF, and down about 35% from last year’s peak. And yet, if you zoom out a little further, the biotech sector is up 141% over the last five years, absolutely trouncing the S&P 500.

read more

Happy New (financial) Year to all the Aussies!
And thanks to Adam for covering for me while I was talking non-stop elsewhere.
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:        

Jim Cramer was shocked by two events in the stock market on Thursday.

The S&P 500 is a little lower today than it was a year ago. 

One year of monitoring investments, tracking earnings, filling out tax forms … and you get nothing.

How rare is this?

Continue reading