The Traderszone Network

President Donald Trump on Monday promised quick action by the government to aid states impacted by Hurricane Harvey, defended his pardon of ex-Sheriff Joe Arpaio and met with the president of Finland at the White House.
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Still breaking.

Day Trading in Wall Street’s Complex ‘Fear Gauge’ Proliferates
Each morning, at the market’s open, Seth M. Golden, a former logistics manager at a Target store, fires up the computer in his home office in northern Florida and does what he has done for years: Put on bets that Wall Street’s index of volatility, the VIX, will keep falling.

https://www.nytimes.com/2017/08/28/business/dealbook/vix-trading.html?_r=0

Forex news for New York trading on August 25, 2017
In other markets, the snapshot at the end of day is showing:
– Gold is up about $19 to $1310.35. The price cracked the $1300 level on dollar selling.
The markets in the US session had a couple of diversions.  One was the London summer bank holiday. That

There may well be merit to the allegations, but punitive action would have serious consequences for U.S. businesses and consumers, warns Stephen S.

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Three days after North Korea launched three short-range ballsitic missiles, a move which as we discussed last night was met virtually without any response by the US administration and which we said would embolden North Korea to proceed with further provocations, Kim Jong Un has done just that and moments ago Yonhap reported that North Korea has fired another missile. Form Yonhap:

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Authored by Frank Shostak via The Mises Institute,

Some economists such as a Nobel Laureate Paul Krugman are of the view that if the US were to fall into a liquidity trap the US central bank should aggressively pump money and aggressively lower interest rates in order to lift the rate of inflation. This Krugman holds will pull the economy from the liquidity trap and will set the platform for an economic prosperity. In his New York Times article of January 11, 2012, he wrote,

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