The Traderszone Network

Forex news for North American trading on August 31, 2017:
Markets:
– Gold up $14 to $1322
– WTI crude up $1.13 to $47.09
– S&P 500 up 14 points to 2471
The Canadian dollar was the start performer on the great GDP reading. The initial reaction in USD/CAD was a fall to 1.2570 from 1.2650 but a closer look

Watch the major averages and the leading stocks.
read more

Samsung joins companies such as Apple, Bosch, Delphi, NVIDIA and Waymo, as well as automakers like BMW, General Motors, and Volkswagen.

In this new commentary by Crow & Cushing, the firm examines the landmark conviction on August 7, 2017 of trader Michael Coscia for spoofing and commodities fraud. United States v. Coscia represents the first conviction under the new anti-spoofing provision in the 2010 Dodd-Frank Act.

The briefing comes a day after President Donald Trump touted the need for a big tax-reform bill.

Mnuchin talked about the currency
Normally the Treasury Secretary is a reliable cheerleader for the dollar but in an interview with CNBC earlier today.
“Obviously, the short-term issues of the dollar have both positive and
negative impacts for different parts of the economy,” Mnuchin said in an
interview. “Obviously, as it relates to trade, having a weaker