Wednesday, September 26, 2018

Japanese Nikkei

The Japanese Nikkei has now seen eight straight session of gains to pierce through 24K for the first time since 1991 with the Shanghai also tacking on nearly 1%. Europe is seeing more mixed conditions as details around various Brexit deadlines continue to surface. Volatility remains fairly constant just above the $12 handle in the CBOE Volatility Index (VIX) which is still below its monthly average. Any new developments on the trade front may drive markets as Canada looks to possibly be the one left out of a North American deal between the U.S. and Mexico if it fails to meet some concessions by this weekend. The polarizing effects of the Supreme Court Nominee will also certainly keep audiences captivated as the showdown is scheduled for tomorrow due to its far-reaching implications.

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