The Traderszone Network

3 November, 2016 by The TZ Newswire Staff Comments Off on Dollar off lows before US jobs report but still captive to US election woes

Dollar off lows before US jobs report but still captive to US election woes

The dollar inched off recent lows against its major peers ahead of the U.S. non-farm payrolls report due later in the day.

3 November, 2016 by The TZ Newswire Staff Comments Off on Voter Fraud Allegations Surface In California As Man Discovers 83 Live Ballots At His Doorstep

Voter Fraud Allegations Surface In California As Man Discovers 83 Live Ballots At His Doorstep

For the past couple of days we’ve been writing about a police investigation underway in Delaware County, PA related to a potentially illegal scheme to fraudulently register voters.  As it turns out, the left coast may be experiencing some voter fraud of their own…shocking. 

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3 November, 2016 by The TZ Newswire Staff Comments Off on Government Pension Plans Are Headed For Disaster

Government Pension Plans Are Headed For Disaster

Submitted by Robert Fellner via The Mises Institute,

The combined debt held by U.S. public pension plans will top $1.7 trillion next year, according to a just-released report from Moody’s Investors Services.

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3 November, 2016 by The TZ Newswire Staff Comments Off on Japan Nikkei PMI for October: Services 50.5 (prior 48.2), Composite 51.3 (48.9)

Japan Nikkei PMI for October: Services 50.5 (prior 48.2), Composite 51.3 (48.9)

Good jumps into expansion for both of these indicators from Japan today
Key points from Markit / Nikkei:
– Output increases at Japanese services firms, supported by sharpest expansion in new orders since February
And, comments from Amy Brownbill, economist at IHS Markit:

3 November, 2016 by The TZ Newswire Staff Comments Off on Australia – Retail sales for September, +0.6% m/m (expected +0.4%)

Australia – Retail sales for September, +0.6% m/m (expected +0.4%)

Retail sales data results have been very soft in Australia this year, but a beat for this latest
For September, comes in at +0.6% m/m
– expected +0.4% m/m

3 November, 2016 by The TZ Newswire Staff Comments Off on Australia: RBA ‘Statement on Monetary Policy’ out now

Australia: RBA ‘Statement on Monetary Policy’ out now

The SoMP is published by the Reserve Bank of Australia quarterly
– RBA Board saw “reasonable prospects” of achieving sustainable economic growth
– Inflation to stay steady in near term, rise gradually to 2 pct by end 2018
Quick Headlines via Reuters, bolding mine

3 November, 2016 by The TZ Newswire Staff Comments Off on NYC Homelessness Surges To The "Highest Levels Since The Great Depression"

NYC Homelessness Surges To The "Highest Levels Since The Great Depression"

With each passing week the level of homelessness in New York City continues to surge to new record highs.  In fact, the number of homeless people checking into NYC shelters each night is up 85% just since 2010 and currently stands at the highest level since the Great Depression of the 1930s.  Ironically, the increase in homelessness experienced during the “great recession” of 08/09 was just a blip on the radar compared to the past five years as residential rental rates in NYC have soared.

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