The Traderszone Network

The outlook for oil prices remains bullish, both on the chart and in the economy.

France Aug industrial & mftg production report 7 Oct
– -0.5% prev revised up from -0.6%
– yy +0.5% vs -1.3% exp vs -0.1% prev
– mftg prod mm +2.2% vs +0.3% exp vs -0.2% prev revised up from -0.3%
Also out
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Here’s the notable expiries that the DTCC have listed for today 7 Oct 2016
– EURUSD: 1.1000 (EUR 335m) 1.1100 (685m) 1.1120-25 (675m) 1.1150 (274m) 1.1200 (446m) 1.1225 (686m) 1.1250 (690m) 1.1260 (316m) 1.1270 (373m) 1.1300 (333m) 1.1355 (224m) 1.1400 (1.12bln) 
 A busy expiry day ahead.

This is the second warning from Canada’s regulators about the firm’s unlicensed activities.

Prominent economists who predict the fall of the euro are not concentrating on the facts, according to Klaus Regling.

Falling exports and reports that key members of the Organization of the Petroleum Exporting Countries and Russia will meet next week to discuss Russia’s participation over production cut keeps oil prices in the $50 range.
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Your daily thread to exchange trading ideas and discussion 7 Oct
It’s been an interesting week and an eventful Asian session with the pound going AWOL for a while.