There is a rumor that the Treasury Department is going to release a report at 1 p.m.naming China as a "currency manipulator"
The impact of this in unknown but could definitely affect fund flows as well as other political ramifications.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
5 comments:
Change of plan?
http://www.zerohedge.com/article/china-currency-manipulation-report-delayed-until-after-g20-meeting-november
Yep, there was some confusion as to why they'd release it before the G20
Also, i think i read somewhere that AAPL report after hours on Monday. Someone confirm?
if it report AH, we'll want to look at it Monday. I'll check as I'm looking for other earnings plays.
AAPL is after market close. We'll take a look Monday afternoon, There seems to be a shift thus far in market sentiment. Traders don't seem happy with BB's speech
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