As Japan's new Prime Minister Abe is determined to fight deflation and spur economic growth in Japan, he has renewed interests among Japanese funds in gold as an asset class among the pension funds.
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
Yen futures had moved to support levels against the dollar and had held support for the past few weeks as investors awaited an impetus to push the currency pair down to new levels. On a cash basis, the USD/JPY broke through 100 yesterday.
Top executives of the two largest U.S. derivatives exchanges say regulators must take further steps to align Dodd-Frank Act rules with those of foreign counterparts to avoid oversight splits that could harm markets.