Fed to restart full-scale QE on potential year-end Repo turmoil – FT

The Financial Times (FT) quotes the projections by the Credit Suisse analyst, Zoltan Pozsar, noting that the surge in overnight borrowing costs that occurred in the US financial system in September will return at the end of the year. 

And therefore, it will see the Fed return to full blown QE, Pozsar added.

He said that Fed "tapered the balance sheet too much, too fast. The Fed needs to undo that."

Asia: Modest economic recovery in 2020 – ANZ

ANZ analysts suggest that their economic outlook for Asia in 2020 is for a modest recovery, driven by an upturn in the global tech cycle and more expa
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AUD/USD Technical Analysis: 200-DMA, 61.8% Fibonacci on buyer’s radar

AUD/USD takes the bids to 0.6880 during the pre-European session on Thursday. In doing so, the pair holds the break of descending trend line and 50% Fibonacci.
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