The Traderszone Network

Comments from Brian Hartzer, head of local big bank Westpac:
– Says he doesn’t see Australia slipping into recession
– Growth to be subdued
Bloomberg with the headline. I’m not sure what venue/event he is speaking at. I know for sure he isn’t behind the counter at my local branch.

Submitted by Paul Rosenberg via FreemansPerspective.com,

No, I’m not kidding. I can solve the immigration and refugee crises without more wars, without rounding people up like animals, and while boosting the GDP. It’s not hard. All you have to do is stop thinking inside the same old status quo.

Here’s the plan:

read more

Jim Cramer thinks you should be looking to buy this monster stock if the Fed decides to tighten.

Comments from NDRC official:
– China has around 200bn yuan of unspent fiscal funds
And:
– China to start more pilots for power price reforms
– To establish platform for power trading
Reuters reporting the comments. AUD still flatlining.

Norman Chan, Chief Executive of the Hong Kong Monetary Authority:
– Says the chance of the US raising rates this year is very high
– HKMA to start new policies to stabilize when needed
–

Citi on trading this week’s FOMC meeting
eFX has their 2 FX plays:

” but there
remains considerable scope for surprise, as well a shifting
communication to play a role. Ultimately we think the decision boils
down to how the FOMC sees market conditions, and whether the recent
volatility could lead the FOMC to temporarily postpone hiking,” Citi
projects. 

Data from China’s Commerce ministry:
– China’s non-financial outbound direct investment up 18.2% y/y in January – August
– Ouflows in August grew 7.0% y/y
AUD/USD barely moving after this data (out around 10 minutes ago)