The Traderszone Network

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January oil import data by China now out 24 Feb
– from Russia yy +36.5$ at 1.08m bpd
– Saudi yy+ 18.9% at 1.18m bpd
– Iraq yy +43,2% at 825,820 bpd
– Angola yy +63.5% at 1.17m bpd
One reduction and that’s from Iran which is out of favour at minus 1.3% yy at 402,750 bpd

The Aussie $ has enjoyed good support lately 24 Feb
Gold strength has helped underpin the ccy from Down Under and now the shiny stuff has posted highs not seen since 11 Nov

In an effort to keep TV and online audiences happy, Viacom’s Comedy Central channel is running branded content spots

The Nokia 3310 is rumored to be making a comeback so CNBC conducted a poll of phones people wish would make a return.

Ely Lilly (LLY) printed an exhaustion gap in November on massive volume, marking a significant bottom and over recent trading days broke a downtrend line that spanned 18 months of action.  Based on this combination and improving momentum, it certainly appears that LLY has seen its worst and has begun to experience much better technical action.  Check out the exhaustion gap on the daily chart:

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Japanese equities softer on yen strength 24 Feb
– high 19381.10
– low 19219.58
– Topix -0.39% at 1550.14
– USDJPY 112.81 off its lows but tightly bound and unable to get back above 113.00 in Asia
Expect offers/res there still and more at 113.20. Demand/support 112.65-70 with more at 112.50