The Traderszone Network

This is the private survey of manufacturing PMI from China
Comes in at 51.1 for July, way ahead of expectations and its June result at 50.4.
– Strongest in 4 months

North Korea’s latest ICBM test-firing may not have been as successful as first thought, a missile expert said Monday.

North Korea’s latest ICBM test-firing may not have been as successful as first thought, a missile expert said Monday.

The Committee for Sydney has published a report that points to the potential for Fintech innovation in Sydney and Australia in general. Published with the assistance of KPMG, the document is entitled Scaling the Fintech Opportunity: For Sydney & Australia. Australia, as a country, may… Read More

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According to Bankrate, the average interest rate on a checking account these days — for those that pay interest — is less than 0.5%. A 10-year U.S. Treasury bond will pay out 2.3%, while the average stock on the S&P 500 is paying even less than that — not even 2.1%. How is a Fool supposed to retire on such meager yields?

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A Bloomberg report on Chinese authorities requesting Anbang Insurance Group to sell its overseas assets
Bloomberg citing people familiar with the matter

In open market operations the People’s Bank of China is:
– to inject 100 bn yuan via 7 day reverse repos
– to inject 70 bn yuan via 14 day reverse repos
Injection matches maturities