The Traderszone Network

The Nikkei Japan Manufacturing PMI for July
This data point not often much of a yen mover
More:
– New export orders contracted at the fastest in more than 3-1/2 years, at 44.0
From the release:

Narayana Kocherlakota was president of the Federal Reserve Bank of Minneapolis (from 2009 to 2015)
He has a blog, but this is from a piece he wrote for Bloomberg. There are a few points in it to note for those who listen to, read and ponder speeches from various Fed officials.

The yen hovered above six-week lows on Friday after the BOJ Governor dented speculation that Japan is preparing a helicopter money stimulus.

One day, in the not so distant future, taking trips to the local bank branch will be a thing of the past. No more queuing up to be scowled at while swiping a plastic card. Yes, I know. My parents and your parents cannot imagine… Read More

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Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Earlier this week, I published a lengthy thought piece titled, America is Being Divided and Conquered Into Oblivion. I ended it with the following paragraphs:

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I posted earlier on China ratings agencies here:
China debt default headache – here are companies reaping the rewards
(Warning, there is a little light heartedness in that post, please remove stick from your ass before reading)

Visa Inc. and PayPal Holdings Inc.

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