The Traderszone Network

Your economic data/event calendar for today 3 Nov 2016
G’day one and all.
Busy day ahead in what has been the expected lively week thus far.
GBP in focus with first the key services sector PMI then  and BOE decision very much the potential prime movers.

The Chicago Cubs beat the Cleveland Indians 8-7 in extra innings to win their first World Series since 1908.

Cubs defeat Indians in Game 7 to win first World Series since 1908

It was a victory 108 years in the making. And a celebration that could go on for 108 more.

In the seventh game of the 2016 World Series, the Chicago Cubs clinched the franchise’s first championship since 1908 with a 8-7 win in 10 innings over the Cleveland Indians, becoming the fifth team in history to complete the comeback from a three-games-to-one Fall Classic deficit.

read more

From ANZ’s ‘Strategy Weekly’, their view on the AUD (in brief)
ANZ’s ‘Key Point’ for the AUD:
The tight range that the AUD has traded over the past few weeks looks set to break next week with the US election result providing the spark. Given the uncertain outcome, direction is hard to pick, but we continue to think there is an asymmetry in the currency and any move higher will be far more limited than the downside break. AUD/NZD should also be watched closely. There we see some short-term downside risks, but view the 1.02 level as an opportunity to reload longs.

Here’s a look at what else was going on, way back in 1908:
<

read more

Cubs end 108-year drought in epic game over Cleveland
read more

Forex news for Asia trading Thursday 3 November 2016
Despite the holiday in Japan USD/JPY was a big mover today in Asia, from an early high just above 103.40 it lost ground through to around 102.60.