The Traderszone Network

Here’s a piece in The Economist:
Australia has weathered the China slowdown and commodities slump well.
(It may be gated)

The article takes a look back at Australian policy that’s kept the country out of recession for 25 years.

CNBC senior markets commentator Mike Santoli runs through the market field position today compared to the day before the Fed hiked in December.

The most watched business survey for Australia is conducted by the National Australia Bank
This one here, though, is from Dun and Bradstreet.
Its Business Expectations Index (the average of the survey’s measures of Sales, Profits, Employment and Capital Investment) has increased to 17.8 points for Q4 of 2016

Quotable Value house price data from NZ. QV is a government-owned property research company
– House prices rise 14.6% y/y (previous month was +14.1% y/y)
– Prices up 6% in the past 3 months
The strong performance of housing prices has been thought to be a constraint on RBNZ easing. Hasn’t stopped ’em though.

Remember when “bad news is good news” first leapt into common parlance? At first it was used as a way to describe the reaction function of Fed policy-makers. It was taken as a cute turn of phrase in encapsulating the state the of the world. Over time, as Bloomberg’s Richard Breslow explains, it’s morphed into an ugly and cynical way of justifying mindless investing behavior.

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Futures point to a weak open for Asian shares, with the Reserve Bank of Australia’s rate-setting meeting ahead.

German drugmaker Bayer said on Monday it was in advanced talks to acquire Monsanto and was raising its offer for the U.S. seed producer.