The Traderszone Network

U.S. President Donald Trump rejected a Chinese proposal to cut steel overcapacity in July, the FT said, citing sources.

People’s Bank of China set the reference rate for the RMB each trading day
In open market operations, the People’s Bank of China:A net 10 bn yuan injection  (after RRs maturing)

The U.N. Security Council will meet late Tuesday to discuss the latest North Korea missile launch, Reuters reported.

It seems as though the practice of using one’s home as a personal ATM machine is making a ‘yuge’ comeback of late thanks, at least in part, to the same aggressive lending terms and attractive teaser rates that nearly sank the world economy just under a decade ago.  According the Wall Street Journal and Equifax, home equity originations soared to $46 billion in 2Q 2017, the highest level since the market collapsed in 2008.

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I am planning to start a journal to review my trading day and track my progress and emotions.
My goal is to get over my psychological barriers and iron out any technical kinks in my strategy.
I have more than $50k in my account but I will use only $1k out of this for trading plus any future profits.
My goal is to keep this journal till the end of 2018 and see how I perform.
If I am successful I will know for sure by the end of 2018 and if I fail that will be $1k well spent in tuition….

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China’s PMIs for August will begin to be announced on Thursday this week (expected 51.3, prior 51.4), but we do have earlier gauges available for cluse.

It’s a conundrum: Despite North Korea launching a missile over Japan, traders still see the yen as a safe-haven play.