The Traderszone Network

The Wall Street Journal on drafts of changes to Nafta, describing them as ‘modest’
These are negotiating points, so nothing concrete in terms of agreement.
The document appears to be a compromise between the desires of trade hawks to use Nafta renegotiations as a way to set a new trade agenda and moderates who back the U.S. traditional commitment to free trade. The Congress is split along those lines as well.

An ‘education’ piece from PIMCO, could be interesting &/or useful on a subdued sort of Asian afternoon
High yield bonds – defined as corporate bonds rated below BBB− or Baa3 by established credit rating agencies – can play an important role in many portfolios. They typically offer higher coupons than government bonds or high grade corporates and have the potential for price appreciation in the event of an improvement in the economy, or performance of the issuing company (of course, if these conditions worsen, then prices can also go down).

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A U.S. federal judge in Hawaii has indefinitely extended a court order blocking the enforcement of President Donald Trump’s revised travel ban.

Forex news for Asia trading Thursday 30 March 2017
– ICYMI:
A stronger USD nearly across the board here in Asia today, albeit in small ranges.
Fresh news and data flow was nearly non-existent, some data from Japan and Australia, and a rehash of the US $1tln US infrastructure ‘plan’ (no details as yet).

A plane from budget carrier Scoot made contact with an Emirates aircraft at Changi Airport, Singapore.

Stock markets were broadly down early Thursday following a mixed session in the U.S.

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Bank of Japan Deputy Governor Iwata appearing the Diet today:
– Japan’s economic recovery gaining momentum reflecting improvements in overseas economies
– Appropriate to continue powerful monetary easing as inflation still distant from 2 pct

What? Where did that last one come from???