The Traderszone Network

China data-September CPI & PPI
CPI, in at +1.6% y/y
– expected +1.8% and prior was 2.0%
PPI, -5.9% y/y
– expected -5.9% and prior was -5.9% also
–
PPI negative for 43 consecutive months now … prices will be weighed upon while overcapacity is persistent and commodity prices remain on the soft side

Since inception in June 1998, UBS’ Managed High Yield Plus Fund survived through the dot-com (and Telco) collapse and the post-Lehman credit carnage but, based on the press release today, has been felled by the current credit cycle’s crash. After 3 years of trading at an increasingly large discount to NAV, and plunging to its worst levels since the peak of the financial crisis, the board of the Fund has approved a proposal to liquidate the Fund.

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With earnings season picking up steam, Foolish contributors highlight why investors will do well to watch upcoming earnings reports from tech stocks Baidu, Yelp, and Twitter.

Malaysia Airlines Flight 17 was shot down over eastern Ukraine by a Russian-made Buk missile, the Dutch Safety Board has concluded.

New Zealand government’s operating balance excluding gains and losses (OBEGAL) for the 12 months to June 30 was a surplus of NZ$414 million
More (via Reuters):

We’ll call today the top of wave [a] of 2 seems to be a decent count for now. Looking for wave [b] weakness.

Monetary Authority of Singapore statement on monetary policy:
(bolding mine)
MAS will therefore continue with the policy of a modest and gradual appreciation of the S$NEER policy band.  However, the .  There will be .  This measured adjustment follows the move to reduce the rate of appreciation of the policy band in January this year, and is supportive of economic growth into 2016, while ensuring price stability over the medium term.
A slight easing of policy from the MAS