The Traderszone Network

12 March, 2017 by The TZ Newswire Staff Comments Off on Is The AUD Downtrend Ready To Resume?

Is The AUD Downtrend Ready To Resume?

12 March, 2017 by The TZ Newswire Staff Comments Off on HSBC shares heading 9% higher after appointment of new chairman: Analyst

HSBC shares heading 9% higher after appointment of new chairman: Analyst

Shares of HSBC in Hong Kong could go up to 70 Hong Kong dollars after it tapped AIA’s chief to take over as chairman, one analyst told CNBC.

12 March, 2017 by The TZ Newswire Staff Comments Off on 10 Events And Market Drivers For The Week Ahead

10 Events And Market Drivers For The Week Ahead

12 March, 2017 by The TZ Newswire Staff Comments Off on ECB’s Smets sees no assurance inflation will go up, no steps to remove stimulus

ECB’s Smets sees no assurance inflation will go up, no steps to remove stimulus

Belgian Central Bank Governor and ECB governing council member Jan Smets says the European Central Bank did not signal a coming policy change last week
– On the contrary, officials concluded that the outlook for inflation hadn’t improved much since December
Smets spoke in an interview with the Wall Street Journal:

12 March, 2017 by The TZ Newswire Staff Comments Off on JP Morgan’s new forecast for year end USD/JPY is 105 (from 99)

JP Morgan’s new forecast for year end USD/JPY is 105 (from 99)

JP Morgan (this via Bloomberg) in brief
Cites 
– better relations between the U.S. and Japan
– & prospect of aggressive Fed tightening
These mitigate “downside risks to USD/JPY to some extent”

12 March, 2017 by The TZ Newswire Staff Comments Off on Moody’s says reinstatement of US debt ceiling would pose no immediate credit risk

Moody’s says reinstatement of US debt ceiling would pose no immediate credit risk

Reinstatement of us debt ceiling would pose no immediate credit risk
Headlines via Reuters

Even more of a charade this time than the recent ‘showdowns’

12 March, 2017 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: EUR/USD higher, AUD and NZD gain

ForexLive Asia FX news: EUR/USD higher, AUD and NZD gain

Forex news for Asia trading Monday 13 March 2017
Weekend:
ICYMI
A generally weak session for the USD (keeping in mind the Asian Monday session had only small ranges).