The Traderszone Network

Earlier from NZ today:
NZ election update
ANZ citing (and noting the index is at its 3rd highest level in the past 3 years):
– weaker housing market
– Election/government policy uncertainty

Wall Street equity analysts are paid ‘yuge’ salaries to employee the finance skills they picked up from their business school professors to value various corporate securities and asset-backed securitization structures, among other things.  And while their valuations of those securities have served as a frequent source of comic relief for many of us over the years, no bastardization of basic financial concepts tops recent attempts by the financial elites of the world to place a value on their own services.

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Producer Price Index from Japan for September
0.2 % m/m
– expected 0.2% m/m, prior 0.0% 
3.0 % y/y
– expected 3.0% y/y, prior 2.9%
Both in-line with expectations.

Producer Price Index from Japan for September
0.2 % m/m
– expected 0.2% m/m, prior 0.0% 
3.0 % y/y
– expected 3.0% y/y, prior 2.9%
Both in-line with expectations.

It was around this time yesterday I posted on AUD/USD trying 0.7800
I noted there was work to do around the level, and that is still the case.
It topped out ahead of 0.7810 on the attempt yesterday

It was around this time yesterday I posted on AUD/USD trying 0.7800
I noted there was work to do around the level, and that is still the case.
It topped out ahead of 0.7810 on the attempt yesterday

Content originally published at iBankCoin.com

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