The Traderszone Network

USDJPY could fall to 110-115 this FY and they’re ready to BTFD
– Is expanding investment in foreign credit products like buying more A & BBB rated bonds
– Dollar denominated bonds look most attractive among foreign bonds due to strong US economic outlook
Reuters with the view from CIO Hiroshi Ozeki. Nippon Life is one of the largest life insurance companies in Japan

Time to clear the mind and enter a zen like state to focus on trading for today
Or in my case drink about 15 cups of tea and bang my head on the desk to try and wake up. I usually get there about 8am 😉

BOJ deputy governor Hiroshi Nakaso via Bloomberg
– BOJ bond buys haven’t disrupted market functioning
– Stable finances and prices contribute to potential growth
Text of a speech made to at the IMF-Bank Indonesia conference

China will loan Venezuela $5B to increase the OPEC country’s oil production, Venezuelan President Nicolas Maduro said.

No big amounts on the option expiry board today
EURUSD
– 1.0990
– 1.1000
– 1.1100, 1.1110 (565m), 1.1120, 1.1150
– 1.1200 (647m), 1.1270, 1.1275
– 1.1300 (846m), 1.1375
USDCAD

MSCI said China’s stock slump won’t impact the decision to include China-listed shares in its emerging markets index.

Japanese stocks rose in volatile trade on Wednesday morning as investors picked up bargains, although sentiment remained fragile.