The Traderszone Network

First of the German regional inflation readings
30 AUG 2016
– yy +0.5% as prev
Other regions to follow ahead of the whole German CPI reading at 12.00 GMT
Euro unfazed by the softer data but all pairs going nowhere in a hurry right now.

With France calling for the EU’s budget limits to be lifted and everyone breaking every rule of fiscal responsibility – because Draghi has killed the market’s signal – the fear of ever deepening deficits is (for now) removed. Enabling governments to do “whatever it takes” to get re-elected, because reforms are vote-killers, has incentivized an ever-growing group of Europeans to simply give up the job search… with Italians at the top of the list…

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Currently 0.7556 in retreat again but bids nearby
Offers  0.7625-30 0.7650
0.7580
0.7600
0.7680 0.7700 
Bids:  0.7530
0.7550
0.7500 0.7485 0.7450 0.7430 0.7400

ASIC has issued its latest guidance to address some of the issues that digital advice providers need to consider.

French trade minister Matthias Fekl speaking earlier on RMC Radio
– current round should be brought to a halt and a new set started
“At the end of the month in Bratislava I will ask in France’s name for the end of negotiations on TTIP”

Tens of thousands of people have put their names to a petition protesting against the appointment of a former European Union leader to Goldman Sachs.

Your daily thread to exchange trading ideas and discussion 30 Aug 2016
General USD demand being seen again as the European session gets underway so where from here?