The Traderszone Network

Bloomberg with the headline 26 May
– Hitoshi Suzuki and Goshi Katoaka confirmed by Lower House
The two were nominated in April to replace two dissenting members, Kiuchi and Sato, who were opposed to Kuroda’s policies but whose terms were up in July anyway so not a coup as such.

Citi analysts expect rising components costs to put pressure on Lenovo’s margin.

I’ve been looking at the Gold futures recently…

I see the front 2 months are generally lower than the spot and after that (July at the moment) they trade higher. So basically there is backwardation for the first 60 days and after that contango…

What’s the reason for the first months to trade low? Is that because you don’t want to be settled in physical gold?

Authored by William Anderson via The Mises Institute,

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A kneejerk lower in Cable overnight (on Tory poll numbers dropping and weak confidence) started the fun in FX markets but (aside from Bitcoin), but Yuan is the big mover once more with a big figure spike to 6.85 – strongest since early Feb, extending the gains post-FOMC Minutes.

A new poll from Reuters shows the Tory lead fading fast in the UK election…

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While every investor wishes they had a crystal ball, there’s one thing, says David Rosenberg chief economist at Gluskin Sheff, that has predicted imminent recessions without fail. Speaking at the Strategic Investment Conference in Orlando, Florida, Rosenberg pointed out that since 1950, there have been 13 cycles where the Federal Reserve tightened interest rates… and 10 of them ended in recession.