The Traderszone Network

GBPUSD pushing higher so far this morning 27 April
Currently 1.2880 after 1.2885 highs as EURGBP breaks down through recent support at 0.8480 and triggers further falls to 0.842.

Bond investors are far from convinced that the risks surrounding the French election are over despite the broader market exuberance following the outcome of the first round.

French 2Y yields have only corrected about half of the risk premium over German 2Y yields since the election (and in fact are widening out today)

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Bank of Japan governor Kuroda with his press conference 27 April
– will continue with QQE until prices meet inflation target
– CPI to hit 2% in FY 2018 and will move stably around that level thereafter
Some one wake me up when it’s all over.

Your daily thread to exchange trading ideas and discussion 27 April
A busy day ahead so how are you looking to play it ?
Draghi/Trump in play. Which one are you mostly waiting for?

Swiss National Bank out with their Q12017 earnings 27 April
– profit on foreign ccy holdings CHF 5.3bln
– valuation gain of CHF 2,2bln on gold holdings
– CHF  0.5bln profit on CHF positions essentially comes from negative interest rates on sight depo balance
SNB having their cake and very much eating it.