The Traderszone Network

28 February, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs says RBA to begin winding back its "very" accommodative rates

Goldman Sachs says RBA to begin winding back its "very" accommodative rates

Goldman Sachs remarks following today’s GDP result
(here:  )
Australia – GDP for Q4: +1.1% q/q (expected +0.8% q/q)
Rates update, AUD the outperformer against the USD today:

28 February, 2017 by The TZ Newswire Staff Comments Off on US pull-out from Pacific trade deal hurts confidence, Singapore PM tells BBC

US pull-out from Pacific trade deal hurts confidence, Singapore PM tells BBC

Singapore’s Prime Minister Lee Hsien Loong in an interview with the BBC broadcast on Wednesday
– US pull-out from the Trans Pacific Partnership hurt confidence in American policies

           

28 February, 2017 by The TZ Newswire Staff Comments Off on Currencies: Dollar rises as market wakes up to possibility of Fed rate hike in March

Currencies: Dollar rises as market wakes up to possibility of Fed rate hike in March

Hawkish comments from U.S. Federal Reserve officials have increased the likelihood of a March rate increase, sending the dollar, sovereign-debt yields and Japanese stocks higher amid U.S.

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28 February, 2017 by The TZ Newswire Staff Comments Off on Manufacturing PMIs out from Russia and Ireland, both drop m/m

Manufacturing PMIs out from Russia and Ireland, both drop m/m

Russia manufacturing PMI for February in at 52.5
– January was 54.7
– A slower pace of expansion in February then
Meanwhile, in Ireland, February manufacturing PMI 53.8

28 February, 2017 by The TZ Newswire Staff Comments Off on Australia data: AUD Commodity Index for February down from January

Australia data: AUD Commodity Index for February down from January

Commodity index in AUD in at 120.9
– January was 121.9, revised from 120.9
– In Australian dollar terms, the index declined by 0.9 per cent in February
– The index has increased by 41.0 per cent in Australian dollar terms y/y
In SDR terms

28 February, 2017 by The TZ Newswire Staff Comments Off on More from BOJ’s Sato: Most appropriate yield curve would be a little steeper

More from BOJ’s Sato: Most appropriate yield curve would be a little steeper

Takehiro Sato is a member of the Monetary Policy Board. He spoke earlier:
Bank of Japan policy board member Sato speaking
At it again, this time speaking with media:

28 February, 2017 by The TZ Newswire Staff Comments Off on Prop Firm Question

Prop Firm Question

How much money is a day trader working for a prop firm typically be given to manage? For example, considering 3 different cases, how much money (before considering margin) would a person just starting off be given to trade, versus the average successful veteran trader versus the absolute best trader at the prop firm?