The Traderszone Network

Boeing Co said it plans to roll out its first 737 MAX jetliner on Dec. 8 from its Renton factory in Washington. Boeing, which has almost 3,000 orders for the 737 MAX, is on track to deliver the jetliner …

Toyota Motor Corp on Wednesday said it was reissuing a recall for around 1.6 million cars in Japan to check for possible faulty airbag inflators. Toyota said it was asking owners of roughly 20 domestic …

Here’s what the DTCC have listed at the moment
– USDJPY
– EURUSD
– GBPUSD
– USDCAD 1.3275-85 (USD 518m) 1.3500 (270m)
– AUDUSD 0.7100 (AUD 239m) 0.7300 (788m)

EUR and JPY gains fade
After an early slump in the US dollar, it’s recouped some of the losses.
Earlier today, the US reported GDP in-line with estimates but some skews with inventories and trade convinced Goldman Sachs to hike forecasts for Q4 to 2.3% from 2.1%.

Forex news for Asia-Pac trading:
– ASX finishes down 0.4%
– Gold up $3 to $1078
– Shanghai Comp +0.42%
– NZD leads, CHF lags
Oil was lower after API data shows larger than expected inventory build. It hit $42.64 but has crawled back. Watch for declines if/when the government data matches the build.

The dollar nursed broad losses early on Wednesday as investors cut crowded long positions in the lead-up to the U.S. Thanksgiving holidays.

Must be expecting more easy money
– Confidence rises to 49.9 from 48.7
– Narrowly above the highs from March of this year
Who are the statisticians behind this report? There’s a clear upside bias in the March numbers. That’s something that should be taken out in seasonal adjustments.