The Traderszone Network

Ok folks, all a bit of a yawn-fest so far but we’re seeing some opportunities still
So what’s on your radar? What’s hot or not ?
Running positions through the FOMC tomorrow and tidying up beforehand

While investors, traders and forecasters may be on the fence as to whether the Fed pulls the trigger this week on the first U.S. interest rate hike in nearly a decade, Wall Street’s “smart money” is decisive on one thing: market volatility will linger. Heading into Thursday’s potentially momentous decision on interest rates from the Federal Open Market Committee, the Federal Reserve’s monetary policy-setting panel, speculative positions in CBOE VIX index futures are the most net long on record. To this crowd of hedge funds and other big speculators, it really doesn’t matter what the Fed does.

Apple Inc. faces significant challenges selling its larger and more powerful iPad Pro to businesses because companies are reluctant to switch software vendors and use an expensive device that lacks specialized business apps, analysts said. The enterprise market, which is how Apple refers to its business customers, represents 10 percent of its $183 billion annual revenue, he said. Apple has at least one client so far: General Electric has given some of its 305,000 employees the option to use Apple devices at work, with 20,000 iPads and 60,000 iPhones now available in their offices.

Firmer equity price expectations as Europe gets underway
– DAX futures +0.3%
– CAC40 +0.5%
– FTSE +0.3%
Bund futures down 19 at 153.92

Many investors remained reluctant to take lopsided positions ahead of the Federal Reserve policy-setting meeting.
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Finding a few buyers into the close
– +145.12
– open 18238.15
– high 18291.97
– low 18094.99
– USDJPY in a yawn fest at 120.16

Final reading now out
USDJPY 120.15 as Nikkei closes up +0.81% at 18171.60