The Traderszone Network

On a per-share basis, the Shanghai-based company said it had profit of 9 cents. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research …

There is plenty on the economic calendar in the US today:
8.30 am NY time (1230GMT)
Initial unemployment claims
– 238K expected, prior 234K

Personal Income and Outlays (July)

Under pressure from an avalanche of social media backlash, Politico has deleted a tweet containing a cartoon appearing to mock the survivors of Hurrican Harvey…

Drawn by Pulitzer Prize-winning cartoonist, Matt Wuerker, the cartoon shows a person in a Confederate flag shirt, thanking god for being rescued from a flooded house bearing a secessionist sign (and a Gadsden flag). The cartoonist’s irony appears to be that the federal government sent the helicopter to rescue him.

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The August CPI from the Eurozone due at 0900GMT on Thursday 31 August 2017
– Headline expected 1.4% y/y, prior 1.3%
– Core expected 1.2%, prior 1.2%
Previews via …

The Financial Commission, a self-regulatory body that is dedicated specifically to FOREX, has announced the extension of its Fintech Certification services to companies raising money through Initial Coin Offerings (ICOs). The Financial Commission has been certifying trading platform technology for brokers and exchanges operating in foreign exchange… Read More

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Unemployment rate for the Eurozone, July
– Due Thursday 31 August 2017 at 0900GMT
– expected 9.1%
– prior 9.1%
What to watch … preview via HSBC:

We’re doing a theme week on Industry Focus over the next five days on times we were wrong in the past. To kick the week off, we look back on a show in November 2015, when we postulated that rumors about aggressive sales practices at Wells Fargo (NYSE: WFC) wouldn’t change the investment thesis in the bank. Listen in to hear us talk about how and why we were so, so wrong.

A full transcript follows the video.

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