The Traderszone Network

Strong home price gains this past spring and summer have given drowning homeowners a new supply of air.

We documented in 2012 that that toxic chemicals in our food, water and air our causing an epidemic of obesity … even in 6 month old infants.

No matter how lazy and gluttonous adults may have become recently, 6-month-olds can’t be lazy … they can’t even walk, let alone go to the gym.   And 6-month-olds can’t “binge” … Gerber doesn’t make corn dogs or milk chocolate truffles fried in beer batter.

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China’s market-based reform of its currency regime that took place in August was a normal government conduct rather than large-scale intervention, an official at the country’s foreign exchange regulator …

– China responds to challenges of economic rebalancing
– Slower economic growth,rising credit risk are symptoms of the challenge that China faces with structural rebalancing
Also from Moody’s:

Forex news for Asia trading thursday 22 October 2015 October 2015
The Chinese stockmarkets sell off yesterday afternoon reverberated through local markets today, with early (rather overblown) fear manifest in the rumour doing the rounds that China was going to abandon stock market support. , but it seemed to strike a fear chord, sending Chinese stocks opening lower for the session and the AUD and NZD under some pressure as a result.

The move higher in the NZD has been attributed to earlier comments from NZ finance minister English
AUD is higher along with the NZD too.
China comments helping also
This, from earlier, was a bit overblown: , and as that fear subsided it gave the AUD a bid.

Comments from China SAFEofficial Wang Xiaoyi:
– Irrational market fluctuation seen after China August FX reform
– FX rate fluctuations were markets own actions
More to come