US and European markets continued to shuffle sideways, but around record highs, nervously awaiting much anticipated outcomes. The US Government remains shutdown, while China/US trade talks continue to evolve. The IMF/World Bank have been meeting all week and have issued surprisingly bullish global growth forecast, which has improved market sentiment. The US Dollar was weaker overnight, with the EUR jumping to 1.1685, while the GBP regained 1.3420.The AUD surrendered 0.6500, following weaker than expected employment data and despite the softer reserve. Australian Unemployment spike to 4.5%, from 4.2%, much higher than expected. The NZD below 0.5730, while markets suffer a dearth of US data, due to the Government shutdown.
