The Traderszone Network

The forex options expiring today
Note a couple of biggies in EURUSD, AUDNZD and USDMXN. Not much size in the other expiries.
USDJPY
EURUSD
GBPUSD
AUDUSD

Our live blog is tracking global market reaction as strong U.S. data help push the dollar higher against the yen, boosting the Nikkei.

Netflix’s Reed Hastings could be looking at a new, behemoth of a rival, now that AT&T has agreed to buy Time Warner, parent to HBO.

Here’s the list of economic events today
Happy Tuesday folks.
Also appearing:
That’s all on the listed schedule. Have a great day.

The monetary debate seems artificially limited. On one side is Federal Reserve policy based on discretion. On the other is policy based on rules. It’s Keynes vs. Friedman. It’s central planning of our economy based on the reactive whims of wise monetary planners vs. central planning of our economy based on the proactive rules written by … wise monetary planners.

On the rules side, there is a sub-debate. Should we have central planning based on unemployment and the Consumer Price Index (as now) or switch to central planning based on another metric such as GDP?

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We got comments from a People’s Bank of China deputy governor earlier
More on PBOC’s Yi and his ‘no basis for a persistent yuan devaluation’ comment
(You might recall the comments, they came just before the PBOC devalued the CNY against the USD again today. Tee hee …. )

Netflix Inc. Chief Executive Reed Hastings offered his qualified support of AT&T Inc.’s $85.4 billion deal to buy Time Warner Inc.

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