The theme in this office seems to be that the big looming risk events will encourage more serious profit taking over the next 10 days before the USD selling resumes in force. Mid-term elections on Nov 2nd, FOMC on Nov … Continue reading
Not all shares are doing so well, MacQuarie Bank in Australia is down 1.5% much to the delight of the traders I’m visiting. The FX market is relatively quiet.
TOKYO (MNI) – The decline in Japanese corporate demand for financing via bank loans decelerated in July-September from the previous quarter as firms suffered from the impact of the strong yen amid increased uncertainty over the global economy, a survey … Continue reading
I think ‘unsure’ would sum up the general market sentiment at the moment. Nobody is overly sure what they should be doing so they’ve mainly decided to do nothing. No economic data releases of note during this Asian trading session.
By Brai Odion-Esene COLLEGE PARK, Md. (MNI) – Richmond Federal Reserve President Jeffrey Lacker said Monday evening that if conditions in the U.S. economy remain as they are, it will be hard for those on the Federal Open Market Committee … Continue reading
The CAD information network is working well at the moment. I’m hearing of decent sized buying interest 1.0175/85.
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