The Traderszone Network

8 May, 2017 by The TZ Newswire Staff Comments Off on A subdued start to US trading at the open

A subdued start to US trading at the open

US stock market open 8 May 2017
US 10 year yields 2.36% +1bp

8 May, 2017 by The TZ Newswire Staff Comments Off on Forex technical analysis: USDJPY still having trouble getting below 100 hour MA

Forex technical analysis: USDJPY still having trouble getting below 100 hour MA

On Friday there were a few closes below but only by a pip or two
The USDJPY gapped higher on the opening and in the process moved back above the old trend line.  That line was broken on Wednesday/Thursday but moved back below  on Thursday and held resistance against that line on Friday (see red circled numbers). The hgih reached 112.95 but could not get above the natural resistance at the 113.00 level. 

8 May, 2017 by The TZ Newswire Staff Comments Off on Mester: Fed has stepped up discussion of US dollar on economy

Mester: Fed has stepped up discussion of US dollar on economy

Mester mentions the dollar
The take you often hear is that this is jawboning and often that’s the case but she’s a hawk and isn’t saying that the dollar is a reason to keep rates lower.

8 May, 2017 by The TZ Newswire Staff Comments Off on Intel Chip Flaw Lets Hackers Access Windows Devices Remotely

Intel Chip Flaw Lets Hackers Access Windows Devices Remotely

Intel disclosed a new security flaw that enables hackers to access Windows PCs, servers and laptops remotely without the need for a password.

8 May, 2017 by The TZ Newswire Staff Comments Off on Emmanuel Macron Wins French Elections

Emmanuel Macron Wins French Elections

8 May, 2017 by The TZ Newswire Staff Comments Off on Gold Demand Surged In Q1, Despite Higher Prices

Gold Demand Surged In Q1, Despite Higher Prices

From Mark O’Byrne: Uncertainty in Europe increased demand for gold investment products in the first quarter of the year, according to the World Gold Council’s Gold Demand Trends Q1, 2017 report.

Across the globe a mixture of festivities and renewed safe haven buying saw demand for gold bars and coins climb by 9%.

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8 May, 2017 by The TZ Newswire Staff Comments Off on Sinclair Broadcast to buy Tribune Media in $3.9 billion deal

Sinclair Broadcast to buy Tribune Media in $3.9 billion deal

The transaction is expected to close by the fourth quarter of 2017, the companies announced on Monday.