The Traderszone Network

Yes folk’s Bank of Japan gov Kuroda is still at it 26 Sept
– Japan no longer in deflation
Repeating the deflation statement he came out with last week.
Kuroda repeating himself? Surely not…

Softer tones as European markets officially get underway 26 Sept
– FTSE -0.2%
– DAX -0.7%
– CAC40 -0.8%
– FTMIB -0.8%
– IBEX -0.9%
In China the SCI closed down -1.8%. CS1300 Index -1.7% as Chinese equities fall to 7-week lows on weak property sector and Friday’s US equity market losses.

Your daily thread to exchange trading ideas and discussion 26 Sept
Welcome to another week.
It’s been a lively month and as we head into the end of it we can expect further volatility.

On-going fears of a “hard” Brexit continue to undermine the pound 26 Sept
Week-end press reports and revelations have given GBP sellers renewed enthusiasm and GBPUSD is falling back toward Friday’s lows of 1.2916 that I had following the fall through 1.2940. Currently 1.2943 after 1.2936 lows after failing above 1.2980 earlier.

A slowdown in China is the greatest threat to the global economy, Kenneth Rogoff, a professor of economics at Harvard University, told the BBC.

BOJ governor Kuroda into the Q&A session of his speech 26 Sept
– desirable for FX to move stably reflecting economic fundamentals
– declines to comment on exchange rates, daily moves
Excessive volatility that strengthens your currency of course.