Asian markets have behaved a little more sanguine today, although there have been some interesting moves in the USD on little news flow. As expected, Janet...

Asian markets have behaved a little more sanguine today, although there have been some interesting moves in the USD on little news flow. As expected, Janet Yellen's appointment as Chairman of the Fed went through the Senate and traders are keen to hear the new Chairman speak to markets (no set date at this stage), especially after taking into consideration this week's US payrolls report. Ms Yellen has time on her hands before the stress of the role kicks in and will be passed an economy to manage that is on the up and progressing fairly well. It won't be for some time that her skills will be called upon and when they do she will earn her crust, as the ability to fully understand market expectations and communicate future actions to calm volatility will be in play. - (VIEW LINK)