The Traderszone Network

Lithuanian central bank gov on the wires hot on the heels of my
John Hearn post
– monetary policy can’t change outlook by itself
The mantra of monetary policy needing reforms to go with it continues

With CB indecision over interest rates and an ever-dividing line between those looking to raise and those cutting here’s a timely piece from guest economist and respected monetarist John Hearn

Feeling some Asian market Fed indecision-led love
– DAX futures +1.1%
– CAC40 +1.2%
– FTSE +0.9%
Bund futures down 16 at 156.16
Expect some euro capping if equities continue to gain

A better day at the office for the Nikkei which closes on its highs
– +297.50
– open 18281.51
– high 18438.67
– low 18184.96
– USDJPY enjoying the support at 120.03 near its session highs

Hey everyone, it’s Friday. Hurrah!
But there’s some work to do as always before we can run off to have some week-end fun and relax time
So share your brilliant trading ideas/thoughts here with the ForexLive community here

In last night’s speech the BOE gov tried to distance himself and the MPC from the Fed indecision
Adam reported the comments which said that the BOE will not necessarily wait for the Fed before the hiking of interest rates