The Traderszone Network

France Markit Sept PMI flash readings 22 Sept
– 55.8 prev
– services PMI 57.1 vs 54.8 exp vs 54.9 prev
– composite 57.2 vs 55.0 exp vs 55.2 prev
Better readings but not such important data nowadays as borne out by the lack of euro reaction.

Innovation Award Recognizes Software-Based Virtualization Platform Utilized in Verizon’s uCPE Service

They buy a position, it goes against them, stop out for a tiny loss.

They buy another position, it goes against them, stop out for a tiny loss.

They buy another position, it goes against them, stop out for a tiny loss.

They buy another position, it goes in their favor for a bit, returns to breakeven, stop out for scratch.

They buy another position, it goes beneficially, stop out for a win.

Why not just enter randomly?

France Q2 GDP final readings now out 22 Sept
– 0.5% flash
– Q2 wages 0.4% as exp/prev
Uptick in final yy reading the highlight here.
EURUSD unfazed around 1.1970. EURGBP 0.8817 nudging higher and capping cable again pushing it down to 1.3569 from 1.3585

As we warned over the weekend, when we first learned of Beijing’s new sex doll rental business, China’s sharing economy may have just jumped the shark.

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Ex-BOJ board member Kiuchi  speaking in Tokyo 22 Sept
– JGB bubble is side effect of BOJ easing
– it’s impossible for BOJ to exit easing with no damage
– BOJ may target shorter-term yield, shift from 10-yr
More of the same from Kiuchi. He was calling for a shift to 3-5 year yield target back in August as

Long-pondered audit trail will soon be a reality.