Archive - Dec 27, 2013 - Story

• Millions of Tons of Metals Stashed in Shadow Warehouses (WSJ)
• Moguls Rent South Dakota Addresses to Dodge Taxes Forever  (BBG)
• Fastest Japan Inflation Since ’08 Stokes Wage Pressure (BBG)
• Thai crisis deepens as army chief hints at intervention (Reuters)
• Anti-Assad Lebanese ex-minister killed in Beirut bomb (Reuters)
• Foreigners Unload Turkey Bonds as Probe Tarnishes Erdogan Growth  (BBG)
• Small ISS Change Shakes Up Boards: Tweak to Influential Shareholder Adviser's Recommendations Has Directors Rethinking Proposals (WSJ)
• Japan’s Nishimura Calls for Quick Corporate Tax Cut to Under 30% (BBG)
• Japan's Abe bets U.S. alliance, ratings can weather shrine visit (Reuters)

It's the last Friday of 2013. Here is what happened overnight.

After last night's clear pursuit of the 105 one touch digital option concluded with success, this morning, the stop hunts continue, only this time in the EURUSD, which has been on a steady upward trajectory and starting below 1.37 has crossed nearly 200 pips in the matter of 12 hours, and moments ago stopped just shy of 1.3900 where it seems another one touch digital threshold can be found.Depending on how much money the seller stands to lose should 1.39 be taken out, expect a fierce (or not so fierce) defense of the barrier.