Fund Performance per day (inception date: 03 Oct 06) : 89.3%

Today's Events

AUD : As expected, the RBA did not raise interest rates and held it at 6%. Still, AUD was sold off in anticipation of weaker commodity prices. On the other hand, we have a smaller than expected trade deficit of 208M vs the market's expectation of 600M. Watch for a corrrection near term

EUR : The EUR went weak against after soft PMI Services data that were released from the EU.
JPY : The YEN is looking very volatile with the North Korean tension, inexperienced Finance Ministers and the lack of support from CNY.

Later

Host of Fed Speakers coming up

0045h : Bernake is going to touch on Savings at the Economic Club in Washington. Watch for the slightest comments on the Fed's Rate decision

0730h : Fed's John speaks on economic outlook in NY.

0930h and 1300h : BOJ's Muto speaks at Press conference

1700h : Wantanabe speaks

1900h : BoE's Rate decision - BoE expected to hike rates

2030h : Trichet holds a press conference.

Watch for comments on the JPY being too weak as I am expecting the JPY to appreciate

Exciting day tomorrow, God Speed everyone