The Traderszone Network

PBOC injects 75bn yuan via 7-day reverse repos
Despite USD strength in Europe/US, the PBOC bringing the USD/CNY set lower today … but not by much. I’d have though they might have tickled 6.7 …. not so

Dana White spoke at the Republican National Convention on Tuesday.

Authored by Global Risk Insights via OilPrice.com,

The rise in oil prices over the past six months has come as a blessing for the battered U.S. shale producers. Oil prices have risen more than 50 percent since January, giving a glimmer of hope to the U.S. oil industry that the worst of the oil crisis might finally be behind them. Moreover, it forced the shale producers to adapt by reducing production costs and increasing efficiency.

read more

The China Securities Journal report on expectations from researchers at China’s economic planning agency, the National Development and Reform Commission
– GDP expected to grow 6.5-6.8%

Asia markets opened mostly lower on Wednesday, following a mixed finish in the U.S. as investors digested Q2 earnings.

The Republican National Convention on Tuesday nominated the New York businessman and reality-television persona as its standard-bearer, formally ending the intraparty combat over Trump.
read more

Wall Street analysts are feeling better about Microsoft’s stock following the company’s fiscal Q4 earnings results.