The Traderszone Network

Latest data now out
– 49,3 prev
– outlook 49.1 vs 48.3 exp vs 48.2 prev
Current survey weakness negated by better outlook

The
Economy Watchers Current Index measures the current mood of businesses
that directly service consumers, such as barbers, taxi drivers, and
waiters. The data is compiled from a survey of about 2,000 workers. A
reading above 50.0 indicates optimism; below indicates pessimism.

So says the S. Korean vice fin min Joo Hyung-hwan. Reuters reporting
– authorities will smooth currency in case of sharp volatility
Another Asian CB on a state of high alert. The comments were made after a question from reporters about whether the economy requires an additional boost from macro-economic policy

Here’s what the DTCC have listed at the moment
– USDJPY
– EURUSD 1.1150-55 (EUR 380m) 1.1400 (413m)
– GBPUSD none
– USDCAD 1.3200 (USD 400m)
– AUDUSD none
Only USDJPY of note today but I’ll check back later for updates

The United Auto Workers U.S. union has reached a tentative deal with Fiat Chrysler on a new four-year contract, the Union said early Thursday.

Squawk Box Live will bring you the latest reaction to Deutsche Bank’s expected $6.7B loss in Q3.

A soggy session for the Nikkei is having a knock-on effect again
– currently 18177.91 on session lows
– -143.48
– -0.78%
– USDJPY 119.87 just off 119.84 lows after falling from 120.07

MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. The index was on track to snap a 6-day winning streak that took it to a 1-1/2 month peak this week, propelled by a global surge in risk appetite as expectations of the Federal Reserve hiking interest rates this year ebbed. The Fed opted not to hike rates in September in the wake of cooling global growth and fears of a deepening slowdown in China.