The Traderszone Network

From the New Zealand Treasury’s Monthly Economic Indicators July 2016
In summary:

Australia and New Zealand have some of the better rates of GDP growth amongst industrialised economies. This report showing NZ still chugging along.

Nikkei manufacturing PMI for July, 49.3
– Flash was 49.0
– Prior was 48.1
5th month in contraction
–

Respondents citing demand weakness
– Also, strong yen weighing on exports

Authored by Pepe Escobar, originally posted Op-Ed via RT.com,

Since the recent ruling by The Hague in favor of the Philippines and against China over the South China Sea, Southeast Asia has been engulfed on how to respond. They dithered. They haggled. They were plunged into despair.

It was a graphic demonstration of how “win-win” business is done in Asia. At least in theory.

read more

CNBC Senior Markets Commentator Mike Santoli explains how the market has imposed a high cost on the owners of “cheap” stocks this year.

Here’s the full headline (via Reuters):
Moody’s: A dislocation in China’s onshore bond market would be unlikely to lead to a systemic financial crisis 
From the Moody’s report:

Caixin manufacturing PMI for July 50.6
– expected 48.8
– prior 48.6

This is the first expansion reading for this indicator in 17 months
via Reuters:
– Output hit a two-year high
Comments from Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group:

A proposed plan to replace the triggers in allegedly defective Remington rifles is “designed to fail,” an expert on class action settlements said.