The Traderszone Network

Germany’s foreign minister Steinmeier out on Reuters 30 Aug 2016
– UK should have interest in rapid start to process of exiting EU given economic impact already being seen
Already being seen? Hardly.

Canadian PM out on Bloomberg 30 Aug 2016
– China has central role in driving global growth
– wants to encourage Chinese investment in Canada
Of course he does. Trudeau making the comments/lip-service at an entrepreneurs event in ,yep, Beijing.

FTSE lower but the rest higher 30 Aug 2016
– FTSE – 0.1%
– DAX +0.6%
– CAC40 +0.3%
– FTMIB +0.4%
– IBEX +0.3%
In China the SCI closes up +0.2%. CS 1300 Index up +0.1%

Spain CPI Aug flash readings 30 Aug
– -0.7% prev
– yy -0.1% vs -0.3% exp vs -0.6% prev
– HICP mm 0.0% as exp vs -1.3% prev
– yy -0.3% as exp vs -0.7% prev
Stronger readings are encouraging news but a long way to go yet.

The EU’s antitrust regulator is poised to rule that Apple’s tax arrangements with Ireland have breached the bloc’s state-aid rules, meaning the U.S.

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Switzerland Aug KOF leading indicator report 30 Aug
– 103.50 prev revised up from 102.7
Softer headline but upward revision.
USDCHF 0.9793 still underpinned as is EURCHF at 1.0940 albeit near session lows.