The Traderszone Network

Japanese economic minister out on the wires 12 July 2016
– possible that construction bonds will be issued
– extra budget to fund stimulus will be submitted to extraordinary Diet session in Autumn
The lack of specifics, no size of package mentioned and confirmation of the delay sends USDJPY back down through 103.00 with yen demand capping core pairs too.

Japanese PM’s adviser just over the wires 12 July 2016
– no detailed discussion between Abe and Bernanke on BOJ policy
– Bernanke asked Abe to continue with Abenomics
Well, thanks for popping by Ben. Yen pairs get knocked lower only to bounce back as we’ve yet to hear of any real detail from his talks with Kuroda.

Saudi Arabia hopes that slower global growth will not trigger a fall in the current demand for oil, its energy minister told a German newspaper.

Your daily thread to exchange trading ideas and discussion 12 July 2016
Yen-selling the current big flavour still but are you looking to fade or going with the flow?

The theme of the last 24 hours continuing 12 July 2016
What the Japanese govt/BOJ will or will not do is still conjecture but the market is going with it anyhow.

Pokemon GO players have found themselves in some bizarre, and dangerous, situations. Now the police are stepping in.