The Traderszone Network

3 July, 2016 by The TZ Newswire Staff Comments Off on Italy will respect EU rules on banking sector

Italy will respect EU rules on banking sector

So says an official on Bloomberg
, which goes against EU rules. That story came from the FT and is now being denied by Italian officials.
Italian PM Renzi has been threatening to use public funds to prop up Italian banks
It’s not the only story of an EZ state threatening to defy EU rules. Over the weekend, French PM Valls said he wants changes to wage rules or  (h/t @sylvainBaude for link).

3 July, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Asian stocks gain as focus turns from Brexit to central bank easing

Asia Markets: Asian stocks gain as focus turns from Brexit to central bank easing

Hong Kong and Shanghai lead the move higher with rises of almost 2% as investors bet that global central banks would introduce easing measures to encourage economic growth.
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3 July, 2016 by The TZ Newswire Staff Comments Off on June 2016 Spanish unemployment -124.3k vs -100k exp

June 2016 Spanish unemployment -124.3k vs -100k exp

June 2016 Spanish unemployment report 4 July 2016

3 July, 2016 by The TZ Newswire Staff Comments Off on Boris Johnson: Post-Brexit ‘hysteria’ is like when Princess Diana died

Boris Johnson: Post-Brexit ‘hysteria’ is like when Princess Diana died

The “hysteria” in the U.K. following the shock referendum result is akin to that which followed the death of Princess Diana in 1997.

3 July, 2016 by The TZ Newswire Staff Comments Off on BOJ should refrain from easing further says EX-BOJ’s Shirai

BOJ should refrain from easing further says EX-BOJ’s Shirai

It must be a quiet day when the yen reacts to ex-BOJ board members
Reuters grabbing an interview with former board member Sayuri Shirai. USDJPY has lost around 15 pips

3 July, 2016 by The TZ Newswire Staff Comments Off on China’s got outflows, but does anyone know why?

China’s got outflows, but does anyone know why?

China has suffered from outflows from its foreign reserves for months. Goldman Sachs and Standard & Poor’s can’t agree why.

3 July, 2016 by The TZ Newswire Staff Comments Off on China’s got outflows, but does anyone know why?

China’s got outflows, but does anyone know why?

China has suffered from outflows from its foreign reserves for months. Goldman Sachs and Standard & Poor’s can’t agree why.