The Traderszone Network

27 September, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Nikkei leads Asia lower on bank losses, yen strength

Asia Markets: Nikkei leads Asia lower on bank losses, yen strength

Weak bank stocks and yen strength drove the Nikkei 225 index south Wednesday, as other Asian markets also pushed into the red.
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27 September, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 28 Sept

Data coming up in this session 28 Sept

Your economic data/event calendar for today 28 Sept 2016
Greetings one and all.
Sad news re , a true Aussie sporting icon.
Max Walker
Data wise today it’s a quiet one in Europe but we have US durable goods later while the NA session also brings us Yellen’s testimony and other CB talking heads.

27 September, 2016 by The TZ Newswire Staff Comments Off on Saudi Arabia-Iran tensions ignite OPEC worries

Saudi Arabia-Iran tensions ignite OPEC worries

Longstanding tensions between Saudi Arabia and Iran will hold OPEC back from an oil production freeze, analysts said.

27 September, 2016 by The TZ Newswire Staff Comments Off on CBA says "Guerrilla warfare is the RBNZ’s best tactic in fighting the currency trader"

CBA says "Guerrilla warfare is the RBNZ’s best tactic in fighting the currency trader"

Reuters report on remarks from Jarrod Kerr, senior interest rate strategist at Commonwealth Bank of Australia
– He urges the Reserve Bank of New Zealand to do more to combat the high NZD

27 September, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: Fed’s Williams speaks – barely moves the needle

ForexLive Asia FX news: Fed’s Williams speaks – barely moves the needle

Forex news for Asia trading Wednesday 28 September 2016
– –
USD/JPY a mover in Asia today, dipping slightly early in Tokyo (100.26) before gaining as we approached the opening of the stock exchange. After a reasonably brisk move to 100.60 it stabilised somewhat and then edged slightly higher (high 100.66). Japanese stocks appear heavy today (its ex-dividend day for Topix stocks).

27 September, 2016 by The TZ Newswire Staff Comments Off on 6 out of 10 sectors rotating in(to) lagging quadrant

6 out of 10 sectors rotating in(to) lagging quadrant

The Relative Rotation Graph above shows the sector rotation for ten US sector ETFs. The new REITs sector ETF is not included yet due to a lack of historical data points.

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27 September, 2016 by The TZ Newswire Staff Comments Off on CASS expects China’s economy to grow 6.7% y/y in 2016

CASS expects China’s economy to grow 6.7% y/y in 2016

The China Academy of Social
Sciences (CASS) advises the Chinese government. Their forecasts published by the official Shanghai Securities Journal newspaper on Wednesday: