The Traderszone Network

USD/CAD slow to adjust to oil skids
The US has been on holiday for the past two days and that spills over the border into Canadian markets. Oil began to unwind on Friday and that’s continue with a 2% drop today but USD/CAD is asleep at the switch.

This article by David Haggith was first published on The Great Recession Blog: 

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Schlumberger Ltd., the world’s largest oil driller by market value, said Sunday it had signed a preliminary deal to study an Iranian oil field, as Donald Trump’s presidential victory has yet to deter U.S.-connected companies from dealing with Tehran.
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Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.

Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.

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Officials in three critical states that gave President-elect Donald Trump his margin of victory last month are gearing up for recounts in the face of heated pushback from Trump and his advisers.
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WTI crude down 88-cents to $45.20
A fresh war of words appears to have opened up between Iran and Saudi Arabia and a deal to cut output Wednesday is in danger.

Capgemini, along with partners LinkedIn and EFMA, has published a report on Fintech. Entitled modestly as the “World Fintech Report”, Capgemini has joined just about every other consulting group with its prognostications and perspectives on the emerging sector of financial disruption. The opening preface labels… Read More

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