The Traderszone Network

Japan data
Leading index (preliminary, September) at 101.4
– expected 101.8, prior was 103.5
Coincident index (preliminary, September) at 111.9
– expected 112.1, prior was 112.2
Not FX market moving data this lot

Chesapeake Energy is a good example. The second largest natural gas producer in the US, after Exxon, reported its debacle yesterday.

Revenues plunged 49% from the quarter a year ago, when the oil bust had already set in. The company has been slashing costs and capital expenditures. In June, it eliminated its dividend. And yesterday, it recognized $5.4 billion in impairment charges, bringing impairments for the nine months to a staggering $15.4 billion.

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Earlier comments from Kuroda are here:
And I thought then the man can talk the leg off a chair … but he’s still at it:
– Risk of China’s economy suffering a hard landing is low
–

The alleged use of false tweets to manipulate prices comes just days after a US trader was found guilty of “spoofing,” the FT reports.

The Reserve Bank of Australia Statement on Monetary Policy for November 2015 was out earlier:
–  
More now from the Commonwealth Bank of Australia’s CommSec … they ask … What does it all mean?

Forex news for Asia trading Friday 6 November 2015
The pre-NFP Asian day certainly lived up to expectations today with tomb-like activity pretty across the FX board/bored or however you choose to spell it.

Bank of Japan Governor Governor Kuroda speaking at a meeting held by the Naigai Josei Chosa Kai (Research Institute of Japan) in Tokyo
– Slowdown in emerging economies already affecting Japan’s exports, output