The Traderszone Network

The U.S. dollar stood at its highest in two weeks against a basket of currencies early on Friday, having made a decisive move a day after the Federal Reserve delivered a long-awaited hike in interest rates. The Canadian dollar was now close to a 12-year low, having come within a whisker of C$1.40 per USD (CAD=D4). The U.S. dollar index (.DXY) was flirting with 99.000, holding onto a 1.2 percent gain on Thursday – its biggest rise in over a month.

China property price data:
– New home prices rose 0.1% y/y in Oct
– November new home prices rise m/m in 33 cities (27 in September)
– November new home prices rise y/y in 21 cities (16 in September)

Chuck Jaffe writes about bad boys and girls of the mutual fund industry who deserve a lump of coal in their Christmas stockings.
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The streaming network just edges out the premium cable channel, earning more Golden Globe nominations.

Submitted by Pater Tenebrarum via Acting-Man.com,

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BNP Paribas on how to trade after the Fed
The Fed has delivered its long-awaited 25bp rate hike, and
as expected the accompanying statement and press conference signalled that
further tightening would likely happen only at a gradual, and not necessarily
even, pace, notes BNP Paribas.

Goldman Sachs abandoned its call for January easing
In a note to clients this week, economists at Goldman Sachs withdrew a forecast for Bank of Japan easing at the January meeting. Instead, they see Kuroda increasing quantitative easing at the mid-April meeting.