The Traderszone Network

Economic data/events calendar for today 13 July 2016
Greetings one and all.
Ryan now away for a few days vacation so I’m flying solo.
Enough on the calendar today to keep my fingers and the markets ticking over.

Our live blog is tracking market reaction as Theresa May prepares to take over as Britain’s Prime Minister.

House Speaker Paul Ryan said his decision to endorse Donald Trump was a “binary choice … It’s either Donald Trump or Hillary Clinton.”

This article is published in collaboration with Scutify, where you can
find real-time markets a

USD/JPY lost ground today, declining from around 104.80s highs down to 104.00 before bouncing for a 50% or so recovery as I update. While hopes for more stimulus (fiscal, monetary and perhaps helicopter – more on that in a moment) continue to bounce around markets some USD/JPY sellers  were motivated by thoughts that there may not be as much, or as soon, as expected.

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Koichi Hamada is an adviser to Japanese PM Abe
– Says Japanese stocks have been oversold
– Helicopter money would be a risky gamble
– Best to co-ordinate Japan’s fiscal, monetary stimulus
Headlines via Bloomberg