Japanese market jolt
• Push-pull forces. US shutdown still in place. Geopolitics outside US generates some vol. EUR & JPY lose ground. AUD & NZD edge up a little.• Japan politics. Shock leadership selection jolted Japanese markets. Nikkei surged & JPY weakened on prospect of fewer rate hikes & fiscal stimulus.• RBNZ meeting. RBNZ expected to cut rates tomorrow. Debate is on the size with markets split between a 25bp & 50bp move. NZD volatility anticipated. Global Trends The US Government Shutdown, which kicked off at the start of October, remains firmly in place and there appears to be little movement from either...