The Traderszone Network

PBOC inject 95bn yuan through 7-day reverse repos in open market operations (OMOs) today
– And injects 50bn yuan through 14-day reverse repos
– (PBOC is gauging demand for 7 and 14 RRs for Monday next week)

A rate hike from the Fed could spark an Asian stocks sell-off and trigger capital outflows in China, according to Macquarie IM.

A powerful explosion went off just after midnight local time at the Plaine Chalon sports facility in Chimay, Belgium, partially destroying the building and burying an unknown number of people under the rubble, local media report. At least one person is reported dead and four were injured (two seriously) after the building collapsed, Belga News Agency reported citing emergency services spokesperson.

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A few days ago we wrote about the job losses starting to pile up in Seattle in the wake of that city’s passage of a $15 minimum wage (see “Something “Unexpected” Happened When Seattle Raised The Minimum Wage“).  In that post, we noted that seemingly no amount of empirical evidence would ever be sufficient to convince certain elected officials that setting artificially high labor rates would ultimately only serve to hurt the people at the lower end of the pay spectrum due to

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Asia opened lower on Friday, after most local markets remained near-unchanged this week ahead of a speech by the Fed chair.

The dollar remained on tenterhooks on Friday, ahead of Fed Chair Janet Yellen’s highly anticipated speech later in the session.

Chronicled, a blockchain startup headquartered in San Francisco, has introduced an Ethereum blockchain-based physical asset verification platform that enables companies and manufacturers to register and verify physical items in an irrefutable and decentralized networ

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