The Traderszone Network

Spain June PPI report 26 July 2016
– yy -4.7% vs -5.6% prev from -5.5%
–  consumer goods +0.4% mm, +0.2% yy
– capital goods +0.1% mm +0.4% yy
Generally stronger price data which is welcome but not a game changer in its own right.

Following Brexit’s apparent “storm in a teacup,” it seems there is a new narrative to worry about…

The question is – will Hillary get the Convention bump that Trump did?

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European trading gets underway with another kick lower for the pound 26 July
EURGBP the prime mover in this latest wave as the pair posts 0.8426 sending cable to new session lows of 1.3066 after failing to hold above 1.3100. GBPJPY selling the original tipper of the scales lower.

Amazon has partnered with the U.K. government to test drones in Britain, a move which could bring drone deliveries closer to reality.

Your daily thread to exchange trading ideas and discussion 26 July 2016
Central banks very much in focus but will they deliver or disappoint?
Is it going to go pear-shaped for the doves?

Currently 0.7525 after it’s earlier to 0.7537
sharp rally
Offers: 0.7580 O.7635 0.7650-55
0.7550
0.7600
0.7620
0.7700 (strong)
Bids: 0.7500