The Traderszone Network

12 October, 2016 by The TZ Newswire Staff Comments Off on RBI’s Patel says financial market turbulence spillover is a challenge to BRICS nations

RBI’s Patel says financial market turbulence spillover is a challenge to BRICS nations

New Reserve Bank of India governor  Urjit Patel out on the wires 13 Oct
– events like Brexit, US elections, European political alignment affect RBI policies going forward
Patel in early September

12 October, 2016 by The TZ Newswire Staff Comments Off on Pension Benefits In Tiny California Town To Be Slashed As "Ponzi Scheme" Is Exposed

Pension Benefits In Tiny California Town To Be Slashed As "Ponzi Scheme" Is Exposed

For the tiny little town of Loyalton, California, with a population of only 700, a failure of city council members to understand the difference between the calculation a regular everyday pension liability and a “termination liability” has left 4 residents at risk of losing their pensions from Calpers.  According to the New York Times, the town of Loyalton decided t

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12 October, 2016 by The TZ Newswire Staff Comments Off on Trading ideas – European session 13 October

Trading ideas – European session 13 October

Your daily thread to exchange trading ideas and discussion 13 Oct
Lots going on still with some moves making sense and some leaving traders a little bewildered.

12 October, 2016 by The TZ Newswire Staff Comments Off on Japan’s Fukoku says they will continue to invest in foreign assets

Japan’s Fukoku says they will continue to invest in foreign assets

Fukoku Mutual Life speaking to Reuters 13 Oct
– will refrain from investing in JGBs
– to continue focussing on investment foreign bonds without ccy hedging in H2 due to rising dollar hedging costs

12 October, 2016 by The TZ Newswire Staff Comments Off on Unilever beats sales forecasts thanks to price hikes

Unilever beats sales forecasts thanks to price hikes

Maker of Ben & Jerry’s ice cream and Dove soap reported underlying sales growth of 3.2 percent for the latest three months.

12 October, 2016 by The TZ Newswire Staff Comments Off on The UK needs capital flows: Strategist

The UK needs capital flows: Strategist

Luis Costa, head of CEEMEA FX and rates strategy at Citi, says sterling will continue to fall and uncertainty will prevent capital flows.

12 October, 2016 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures down -0.6% in early European trading

Eurostoxx 50 futures down -0.6% in early European trading

Softer tones as we wait on official openings to equity markets 13 Oct
– DAX futures -0.7%
– CAC40 -0.7%
– FTSE -0.4%
Bund futures up 40 at 163.7
10-yr German bond yields down 3bps to 0.04%