The Traderszone Network

The Blue Oval’s net income more than doubled over its year-ago result as strong truck and SUV sales in the U.S. more than offset challenges in other parts of the world.

House Price data from CoreLogic
– +0.2% m/m (prior +0.9%
– +10.1% y/y (prior +11%)
Not an immediate FX market focus, and true to form not much impact on AUD

AIG Performance of Manufacturing index for October
Comes in at 50.2
–

prior was 52.1
– Despite the fall from September’s result it now four consecutive expansion results for this survey
More to come  

Comments from  John McDermott. Assistant Governor of the Reserve Bank of New Zealand and head of economics
 McDermott on the release of the RBNZ’s
Reserve Bank Bulletin – Evaluating monetary policy

The Russian plane that crashed over Egypt’s Sinai Peninsula “broke up in the air,” a Russian aviation official said.

The laser and optics specialist beat its own estimates in the first quarter, and sees a clear runway in the next quarter as well.

AUD/USD with a little bit of a ‘gap’ down this morning
Currently 0.7118
– 
NZD/USD, ditto the gap
Currently 0.6736