The Traderszone Network

12 July, 2017 by The TZ Newswire Staff Comments Off on Kevin Plank Says Under Armour Is Focused on Delivering for Shareholders

Kevin Plank Says Under Armour Is Focused on Delivering for Shareholders

The No. 3 athletic-apparel manufacturer, Under Armour (NYSE: UAA) (NYSE: UA), held its annual shareholder meeting at the end of May. The mood was more serious than the previous year’s meeting since the streak of 26 consecutive quarters of 20%-plus revenue growth had come to an end, and the stock is now down over 40%.

UAA Chart

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12 July, 2017 by The TZ Newswire Staff Comments Off on New Zealand – ANZ Roy Morgan Consumer Confidence (July): -1.9% m/m ( prior +3.1%)

New Zealand – ANZ Roy Morgan Consumer Confidence (July): -1.9% m/m ( prior +3.1%)

A monthly measure of consumer confidence in the New Zealand economy
Down on the month but still at a high level

ANZ comments (summary):
– Consumer sentiment eased in July, but remains at a strong level overall
  More … Inflation expectations

12 July, 2017 by The TZ Newswire Staff Comments Off on Australia – Consumer inflation expectations for July: 4.4% (prior 3.6%)

Australia – Consumer inflation expectations for July: 4.4% (prior 3.6%)

Survey of consumer inflation expectations spike higher
From Melbourne Institute

12 July, 2017 by The TZ Newswire Staff Comments Off on USD/JPY all over the shop (that’s a technical term)

USD/JPY all over the shop (that’s a technical term)

Up above 113.50, back toward 113.20 ….
Narrative for the moves? (any and all welcome, tin-hat conspiracies preferred :-d )
ps. There’s a Japanese government auction of bonds today

12 July, 2017 by The TZ Newswire Staff Comments Off on Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike

Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike

The dollar was capped against a basket of currencies on Thursday after Fed Chair Janet Yellen’s testimony before congress.

12 July, 2017 by The TZ Newswire Staff Comments Off on Yuan Won’t Rival Dollar Without Overhaul, Says Former IMF China Chief

Yuan Won’t Rival Dollar Without Overhaul, Says Former IMF China Chief

Bloomberg with this piece while we await the USD/CNY mid rate for the day (due just after 0115GMT) and China trade balance for June (due 0200GMT or some time … the timing can be variable for this)

12 July, 2017 by The TZ Newswire Staff Comments Off on NAB AUD/USD technicals – gradual rise toward 0.7750/0.7835 increasingly likely

NAB AUD/USD technicals – gradual rise toward 0.7750/0.7835 increasingly likely

Technical analysis chart via National Australia Bank
Their outlook:
Repeated failures above 0.77 in 2017 confirm that resistance at 0.7750/0.7835 remains a firm obstacle. The bullish monthly reversal pattern completed in June however helps to maintain the uptrend bias and maintains ongoing pressure on this major top. Recent positive MT momentum triggers (slow stochastic, MACD, DMI)