The Traderszone Network

29 August, 2016 by The TZ Newswire Staff Comments Off on Germany import price index July mm +0.1% vs -0.1% exp

Germany import price index July mm +0.1% vs -0.1% exp

German July import price index 30 Aug 2016
– +0.5% prev
– yy -3.8% vs -4.0% exp vs -4.6% prev
Stronger reading will please the inflation watchers.
Meanwhile general USD demand sees EURUSD lower at 1.1165. GBPUSD 1.3067. USDJPY up through 102.25 offers/res to post 102.29

29 August, 2016 by The TZ Newswire Staff Comments Off on CGG: Announces Joint Venture with GOSCO for Seismic Services Offshore Ghana

CGG: Announces Joint Venture with GOSCO for Seismic Services Offshore Ghana

29 August, 2016 by The TZ Newswire Staff Comments Off on France’s economic minister Macron to quit government

France’s economic minister Macron to quit government

Bloomberg reporting a story in Les Echos 30 Aug
– Macron to concentrate on his own political movement
French economy minister Emmanuel Macron has made no secret of his plans to run for President at some point but the 38 year old has also made enemies on the Left driving through unpopular reforms.

29 August, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar moves higher as investors watch for more Fed talk

Currencies: Dollar moves higher as investors watch for more Fed talk

Dollar edges up as the market waits for comments from Fed Vice Chairman Stanley Fischer coming in an interview later.
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29 August, 2016 by The TZ Newswire Staff Comments Off on FX Algo Usage Rises as Buy-Side Takes Charge

FX Algo Usage Rises as Buy-Side Takes Charge

Algorithmic trading is gaining ground in foreign exchange among asset managers and pension funds that have been traditionally slower than hedge funds and CTAs in adopting these tools.

29 August, 2016 by The TZ Newswire Staff Comments Off on More from Suga: G7 has agreed to act against excessive FX moves

More from Suga: G7 has agreed to act against excessive FX moves

Japan’s govt spokesman  Suga still speaking 30 Aug
That headline was from Reuters while Bloomberg translates it as :
– Japanese govt to respond to excessive moves in conjunction with G7
Either way you read it it’s still all “if and when”. And who decides when it’s “excessive” ?

29 August, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices nudged higher by bargain hunting

Futures Movers: Oil prices nudged higher by bargain hunting

Concerns about additional output from the Middle East are keeping prices under pressure.
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