Thursday, October 2, 2014

FRIDAY 10/3/14; Services PMI's; Monthly Jobs Report; ISIS Beheading

Asia markets are setting up for another weak day although Korea, China and India markets are closed. The dollar/yen is moving higher to 108.82 and tags the 109 level so the weaker yen pulls the NIKK from the negative side to end positive on the day. Japan’s Fast Retailing is up +3% on robu




[Text is Redacted: Purchase October 2014-10 to Read the Complete Chronology]




ikes are helping but overall are ineffective in the fight against ISIS which means that somebody’s boots will have to be on the ground in the weeks ahead.

Vice President Joe Biden says that terrorism does not pose an “existential” threat to US citizens. Biden is likely calming the masses to create a more positive voting atmosphere for the democrats ahead of the elections in 31 days.

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