The Traderszone Network

2 December, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Trump picks retired Marine Gen. James ‘Md Dog’ Mattis for secretary of defense

The Wall Street Journal: Trump picks retired Marine Gen. James ‘Md Dog’ Mattis for secretary of defense

Congress will need to pass a special law to allow the retired officer, a career Marine who has been critical of the Iran nuclear deal, to take Pentagon’s top post.

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2 December, 2016 by The TZ Newswire Staff Comments Off on These Stocks Benefitted The Most From OPEC’s Production Cut

These Stocks Benefitted The Most From OPEC’s Production Cut

From Zacks: The market has so long been habituated to persistently weak oil prices following an oversupplied commodity market. But instead of taking any step to lower output, all major producers went on swelling up their inventory, pushing crude to multiyear lows. 

Finally, OPEC has reached a historic accord to curb output, indicating that energy players now want oil to recover from the insufferable pricing scenario.

OPEC Deal

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2 December, 2016 by The TZ Newswire Staff Comments Off on NFPs and option expiries combine to keep FX ranges contained

NFPs and option expiries combine to keep FX ranges contained

All eyes on the US Non-Farm Payrolls and wages data at 13.30 GMT 2 Dec
After a lively week it’s understandable that traders and robots are in pause mode this morning.

2 December, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Trump’s defense pick Mattis has ties to Theranos

The Wall Street Journal: Trump’s defense pick Mattis has ties to Theranos

Retired Marine Corps Gen.

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2 December, 2016 by The TZ Newswire Staff Comments Off on Russia Claims Foreign Spies Are Coming After Their Banking System

Russia Claims Foreign Spies Are Coming After Their Banking System

Russia is claiming that foreign spies are looking to destabilize Russia through and attack on its banking system carried out by a wave of cyber attacks in tandem with a slew of false media reports that its banks are going bust.

Russia’s Federal Security Service (FSB), reports that servers found in the Netherlands and registered to a Ukrainian firm were going to be the backbone technology for the attacks. Those attacks were allegedly supposed to target major national and provincial banks in several Russian cities and had been scheduled for December 5th, 2016.

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2 December, 2016 by The TZ Newswire Staff Comments Off on These Are The Winners And Losers Of The OPEC Deal

These Are The Winners And Losers Of The OPEC Deal

From Julianne Geiger: It’s no secret I’ve been one of the consistent naysayers about the OEPC deal. I was confident a deal wouldn’t be had, and that if they did manage to reach a deal—which seemed an impossibility given Iran/Saudi relations—it would have little to no effect on the supply glut.

I was wrong on one account—they did manage to solidify a deal.

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2 December, 2016 by The TZ Newswire Staff Comments Off on Why are IRA, Roth IRAs and 401(k) contributions limited?

Why are IRA, Roth IRAs and 401(k) contributions limited?

Find out why contributions to IRA, Roth IRA and 401(k) retirement savings plans are limited by the IRS, including what the current limits are for 2016.