Forex Consulting

US banks expect trading revenue to fall in Q4 2017

According to JP Morgan and BofA, trading revenue is expected to fall by 15% in the final quarter The catalyst mentioned here is low volatility “across the spectrum”, despite the constant drumbeat of political and geopolitical events that would normally boost volatility. Copyright 2015 Forexlive.com

Forex Consulting

Nikkei 225 closes up +1.45% at 22,498.03

Tokyo’s main index closes the day higher 7 Dec 2017 The index posts a rebound after yesterday’s major drop. Risk sentiment in equities are starting to shift back as tech shares led gains in the US session yesterday. And that is following through in Asia as well. Most equity indices are up in the region.…