The Traderszone Network

Data now out albeit 30 mins late
– prev revised down from -20.9%
– AUD 81.4 vs 79.2 prev revised down from 79.7
AUDUSD 0.7056 finding demand into 0.7050 after highs of 0.7068 earlier

While I gather the orders here’s your chance to keep things ticking over with your trading ideas
A new month ahead but will we be any the wiser re the big picture/Fed hikes/BOJ/China et al ?

Firmer equity indications as Europe gets underway
– DAX futures +1.1%
– CAC40 futures+1.0%
– FTSE futures +1.5%
Bund futures down 8 at 156.11

Former MOF official out on Bloomberg
– Tankan was neutral
– Japanese economic growth of +1-1.5% would be “alright”
– Japan can not keep on stimulating from fiscal side so mon pol is key
Sakakibara got his nickname in the 1990s for his influence over the exchange rate whilst vice fin min and is now a university professor

Risk sentiment improving on relatively solid Chinese economic data and robust stock-market performance.
read more

Nikkei softer into the close
– +334.27
– open 17479.97
– high 17831.58
– low 17389.57
– USDJPY also retreating off highs to 120.15
Australia’s ASX200 closes up +1.78% at 5,111