The Traderszone Network

A quick video interview of ex-Atlanta Fed President Dennis Lockhart
The main points he makes:
– He would have been a yes on the rate hike
– The decision was data-driven, not based on the fiscal outlook (i.e. the potential boost to fiscal stimulus from the new US admin)

Global markets fell as investors continued to worry about the Trump’s administration’s inability to push through its policy initiatives.
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Forex news for Asia trading Monday 27 March 2017
Weekend:
Friday (ICYMI)
The USD started selling in the very early Asian Monday morning and was well lower by the time Tokyo was starting its day. Its was a weak USD nearly across the board and the weakness was maintained through the session.

Company vs. Stock?

Recently, I reconnected with a chap that I worked with on the floor some years back.We reminisced about how the market has changed over the years, and how we shared the struggle. The struggle? Separating our fundamental opinions about a company, from the realities of its stock. We agreed, there’s a very clear difference between the two thought tracks, two different creatures.

Beginning in high school and all throughout college, my only training was in the fundamentals….

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South Korean prosecutors said they would seek an arrest warrant for former President Park Geun-hye, just 17 days after she was removed from office as part of a wide-ranging political scandal that triggered her impeachment
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Jared Kushner, the son-in-law of President Donald Trump, will lead a new White House innovation team intended to use ideas from the business world to revamp America’s bureaucracy, according to a report Sunday night.
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Markets may not be turmoiling yet, but as per this “emergency” Sunday night “hot take” from RBC’s cross-asset head Charlie McElligott notes, things are certainly starting to break.

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