The Traderszone Network

By Bloomberg’s Richard Breslow

Economic Numbers Don’t Mean Anything Anymore

It may be August and the dog days of summer for trading interest, but the economic numbers this week are important. At least for now. They’ll determine how we spend the balance of the month characterizing the economy. Whether September has any relevance for Fed fund futures traders. And if the mindless buying of equities and risk continues apace.

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In Open Market operations, injects 60bn yuan via 7-day reverse repos
USD/CNY higher today from the bank, first devaluation of the CNY for 6 days
– The mid point (or reference rate) is set each day by the PBOC
–Stay tuned, coming up soon:

The Swedish government announced last week it had appointed a commission to investigate crowdfunding and the potential for improved opportunities to provide access to capital. Swedish Finance Minister Per Bolund stated there was a need for innovative solutions for the funding of small and emerging… Read More

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U.S. Republican presidential candidate Donald Trump on Monday fired senior adviser Ed Brookover, two sources said.

Billionaire Warren Buffett explains how last time Donald Trump asked the public to bet on him, investors who trusted him lost a lot of money.

Simply put, in 40 years of US national elections – money talks, and bullshit (along with hope, change, trust, policy, and every other potential differentiator) walks…

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Chief Marketing Officer Leslie Berland will now assume responsibility for communications, a Twitter spokesperson said.