The Traderszone Network

A soft start to the week for Japanese equities
– -399.86
– open 18827.11
– high 18861.11
– low 18641.22
– USDJPY 120.34 following it down but flat lining for the moment

Here’s what the DTCC have listed at the moment
– USDJPY 121.00 (228m)
– EURUSD
– GBPUSD nothing of note
– USDCHF 0.9770 (USD 254m) 0.9950 (300m)
– USDCAD 1.3110 (260m) 1.3210 (208m)
Some large expiries in play again today

Greetings
one and all
I hope you had a good week-end and congrats again to the Kiwis on their deserved World Cup rugby union success
A new week and a new month ahead, and plenty of on-going questions unlikely to be answered any time soon so the conjecture/uncertainties will continue

Squawk Box Live is tracking reaction to HSBC earnings, and news that China’s manufacturing sector contracted for the eighth month running.

Activity in China’s colossal factory sector shrank in October as global demand stuttered, reinforcing the case for more stimulus and questioning whether the Federal Reserve can be confident enough to raise U.S. interest rates this year. Only Japan showed any hint of growth, perhaps thanks to the persistent weakness of the yen. The run of pedestrian results will focus attention on the U.S. Institute for Supply Management (ISM) measure of manufacturing due later Monday which is forecast to have flatlined in October.

Latest data just out
– prev revised up from -21.3%
– commodity index AUD 79.1 vs 81.7 prev revised up from 81.4
Commodity Prices measures the change in the selling price of exported commodities.
The commodity sector accounts for over half of Australia’s export income.