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STOCKS: The Nikkei opened Asia up 0.05% and came into the lunch break up 0.38%,
currently at 20769.77 again breaking another 2-Year high... The Kospi is up
1.85%, a 2 month high so the holiday seems to have done Japanese investors some
- The same cannot be said for Chinese indices after holidays as the Hang-Seng,
the CSI 300 and the Shanghai Composite indices are all down.
- Wall Street Indices closed the overnight slightly lower on empty volumes due
to the National Holiday Columbus Day, the dollar has declined and yields are
also slightly up as the U.S Dec rate hike probability has lifted above 80%, U.S.
stocks also suffering as we await minutes from the most recent Federal Reserve
meeting and the recent spat between President Trump and Top Senator Bob Corker
threatens to jeopardize tax reform.
- European stocks surprisingly ended mostly higher despite the impending
declaration from Catalonian Leader Puigdemont on Tuesday where he is likely to
declare independence, although under increasing pressure not to do so as
business' one by one move out or plan to move out of Catalonia.