The Traderszone Network

Peoples Bank of China chief economist speaking at a seminar in Seoul
No further detail but he’s obviously been taking a few happy pills
– no need to aid China exports with yuan depreciation
Let’s see what the Fed does to that on Thursday

Seemingly shrugging off Asian market losses for the moment
– DAX futures +0.2%
– CAC40 +0.5%
– FTSE +0.5%
Bund futures down 5 at 155.2

Circle Dec. 5-8 on your calendar.

A plan released Sunday represents a modest fix to China’s brand of state capitalism
read more

Chemical giant DuPont (DD.N) Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie Bartlett is among the approximately 3,500 plaintiffs who have sued DuPont in federal court in Ohio, saying they contracted one of six diseases linked to perfluorooctanoic acid, known as PFOA or C-8. Bartlett said she developed kidney cancer from contaminated water.

Toshiba Corp is set to report an operating loss of more than 10 billion yen ($83 million) in the April-June quarter hurt by weakness in the consumer electronics business, the Nikkei business daily reported. Toshiba last reported a first-quarter loss three years ago, and posted a profit of 47.6 billion yen in the year-earlier quarter, the Nikkei said. Toshiba, which disclosed earlier this year that it overstated past profits, is due to report its delayed April-June results on Monday.

Trade min out with a statement
– 2014 Foreign Direct Investment AUD 140.1bln
Somehow I don’t see that trend continuing this year
AUDUSD currently 0.7089 just off session lows