The Traderszone Network

Oil prices back off as investors fear supply data this week out of the U.S.

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Japan’s Chief Cabinet Secretary Yoshihide Suga denied a local media report that said aides to Prime Minister Shinzo Abe are considering “helicopter money” as a possible policy measure.
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Coach (COH) has been a beaten up premium retailer the last few years. Today marks an interesting change in trend for the retailer. The SCTR has been above 75 all year, but today marks a break in the stock above previous resistance to a new 2-year high. The yield is healthy at 3.1% and Coach has set up a nice basing pattern.

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Europe’s Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, to prevent a glut of unsold planes.

Australian PM Turnbull  holds a media briefing 13 July 2016
– priority is budget, economic measures
– have no reason to doubt budget revenue forecasts
– plans to announce his new govt early next week
Newly returned PM now has to convince markets and voters that he has the ammunition to do the job.

Following The Hague’s ruling, heightened tensions could endanger Beijing’s ties with Southeast Asia and hurt President Xi’s international credibility.

CNBC takes a look at who Theresa May is and what her leadership could mean for the country.