The Traderszone Network

BOJ’s Shirai: Important for the BOJ to maintain accommodative environment
– Mid to long term inflation expectations are around 1%
– BOJ easing has helped improve output gap by about 2%
Bloomberg with the headlines

Asia stocks zipped higher on Wednesday amid renewed optimism that Chinese regulators will do what it takes to stem instability in the country’s financial sector.

Paul Hickey, Bespoke Investment Group, analyzes Apple stock and what the tech giant looks like moving forward.

United Continental Holdings Inc.

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China’s Shanghai Composite index opened up 0.35 percenton Wednesday, tracking the upbeat sentiment across the region.

Australia – Westpac Consumer Confidence for September
Down 5.6% on the month to 93.9
– Prior was +7.8%
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Bill Evans, chief economist at Westpac:
Says that after the strong result last month there was “always likely to be some correction this month”

USD/JPY and yen crosses have climbed in the past half hour or so
Here’s a collection of reasons I’ve heard
– Short covering in EUR/JPY
– Japanese retail accounts buying
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