us shutdown

U.S Shutdown Weigh on Markets as Central Banks Lurk

The Euro, Pound, and Yen remain strong against the U.S Dollar. The Bank of Japan announces its monetary policy tomorrow, the ECB is on Thursday.

U.S Government in Shutdown Mode, Wall Street Perched on Records

The U.S government shutdown has continued into its third day. Experienced investors have seen this type of political game before in the States, and it is unlikely to have a major effect on Wall Street. The three major Indexes are all perched on record levels. Data will be light from the States today, and traders eyes will be focused on Washington to see if Congress can end its impasse.

Yen Steady and Strong, Asian Investors Selling Markets Cautiously

Trading has opened cautiously in Asia this morning as the Bank of Japan’s pronouncements are on the schedule tomorrow. The Yen remains strong against the U.S Dollar. Asian investors have been sellers this morning in the equity markets, but volumes have been light. Trade Balance numbers will come from Japan on early Wednesday morning.

Euro Remains Solid against U.S Dollar, ECB Looms on Horizon

Eurogroup meetings will be conducted today in Brussels with top finance ministers attending. In Germany, the Angela Merkel led government appears close to announcing a coalition deal. And the Euro continues to trades above 1.22 against the U.S Dollar. The European Central Bank waits in the wings and will release its monetary policy outlook on Thursday. Tomorrow Public Sector Net Borrowing numbers will come from Britain.

Gold and Crude Oil Trading Calmly, Commodities Testing Higher Values

Gold and Crude Oil have experienced rather consolidated trading the past few days and have opened with calm conditions this morning. The precious metal is near 1331.00 U.S Dollars an ounce. And U.S Crude Oil remains above 63.00 Dollars a barrel. Both commodities will attract speculation this week.

Eurogroup Meetings in Brussels, Bank of Japan Monetary Policy Tomorrow

Canada will release Wholesale Sale figures at 13:30 GMT and trades will look at these results.

  • All Day, E.U, Eurogroup Meetings in Brussels
  • 13:30 PM GMT Canada, Wholesale Sales

Yaron Mazor is a senior analyst at SuperTraderTV.

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Yaron Mazor

Yaron has been involved with the capital markets since 1998. During the past 16 years, Yaron has been a day and swing stocks trader in the American market. Yaron has founded and made successful investments into businesses spanning exciting industries – from apparel to restaurants and bars, to high tech, medical technology and education. Ten years ago, Yaron sold all of his businesses and became a trader. Yaron started an education provider that taught thousands of people worldwide how to trade. Since then, he has traded every single day across every imaginable financial instrument Organic Trading System (OTS) is an unprecedented, new paradigm of trading technique, developed by Yaron Mazor. The trading system utilizes a combination of essential resources of market data (Fundamental, market participant sentiment and the basic concepts of trends), which are harmonically coordinated, in order to enable a relatively fast, simple and easy way to decide which side of the market to be trading from – the Buy side or the Sell side.