The Traderszone Network

4 July, 2016 by The TZ Newswire Staff Comments Off on RBA leaves AUD ping ponging between 0.7500 and 0.7545

RBA leaves AUD ping ponging between 0.7500 and 0.7545

Same old same old from the RBA leaves the aussie with some work to do
No apple carts tipped over by the RBA this month, as expected. AUSUSD has found itself stuck between 0.7500 and 0.7545.

4 July, 2016 by The TZ Newswire Staff Comments Off on Full statement from the RBA and what has changed since June

Full statement from the RBA and what has changed since June

The full statement from the RBA and comparison to June’s
5 July 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. 

4 July, 2016 by The TZ Newswire Staff Comments Off on RBA leave cash rate ON HOLD

RBA leave cash rate ON HOLD

Reserve Bank of Australia monetary policy board decision announcement for July. Cash rate on hold at 1.75%
– RBA says markets have been volatile as investors repriced assets after UK referendum

4 July, 2016 by The TZ Newswire Staff Comments Off on Economic data due 5 July 2016

Economic data due 5 July 2016

Economic trading data for 5 July 2016
Good morning all. As we wait for the men down under, here’s what’s on the card for today.
Economic data

4 July, 2016 by The TZ Newswire Staff Comments Off on Aussie PM Turnbull comments on election – votes show discontent with major parties

Aussie PM Turnbull comments on election – votes show discontent with major parties

The dude is so insightful….
More from Turnbull:
– 3 million votes to be counted in the next few days
– Result shows voter discontent with major parties

4 July, 2016 by The TZ Newswire Staff Comments Off on PBOC Panel Says Don’t Underestimate Complexity of Economic Risks

PBOC Panel Says Don’t Underestimate Complexity of Economic Risks

The People’s Bank of China is warning of external risks to the economy and that the complexity of the situation shouldn’t be underestimated.
Like we don’t have enough to worry about already

4 July, 2016 by The TZ Newswire Staff Comments Off on U.K. Business Expectations Fall ‘Off a Cliff’ After Brexit Vote

U.K. Business Expectations Fall ‘Off a Cliff’ After Brexit Vote

, with surveyed businesses showing 49% are pessimistic on the economic outlook for the next 12 monthds, compared to 25% pre-Brexit vote.
I had the data earlier on UK business confidence
Bloomberg  have more on it: