The Traderszone Network

Your economic data/event calendar for today 19 Sept 2016
G’day one and all.
I trust you had a good week-end
and able to recharge your batteries for another lively week ahead
.

Economic stimulus should be executed without creating excessive trade deficits and increasing the U.S.’s large net foreign liabilities.

In this weeks’ Trader Poll, tell us if you would raise interest rates if you were the Chair of the Federal Reserve.

The latest from Fitch
– 4bp rise in mortgage arrears, to 1.14% in Q2 of 2016
– Fitch says it’s a surprise given the strong economic environment, appreciating housing market, low-interest-rates and low-but-positive real wage growth

Forex news for Asia trading Monday 19 September 2016
Monday:
Weekend:
AUD, NZD and CAD all outperformed here to open the week in Asia. Oil popped too.
For the AUD, solid buying was seen from a few directions, with offshore buyers cited. There was some thought a 0.75 option expiry might cause the figure to be a little sticky, but that was shrugged off (so far at least). It wasn’t just the commodity currencies to have a good session, oil and gold are both higher also.

BNP Paribas has announced its latest blockchain project will focus on ‘mini-bonds’ for small investors.

Goldman Sachs say they are not optimistic on the Bank of Japan meeting this week and have thus lowered their forecasts for USD/JPY out to 12 months
This via eFX