WEEKLY MARKET DIGEST: BEST WEEK FOR JAPAN AND WORST FOR CHINA, EURO DOLLAR OPTION EXPIRATION, AND RECORD OIL PRODUCTION $GLD $SLV $USO $DIA $SPY
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) BEST WEEK FOR JAPAN AND WORST FOR CHINA, EURO DOLLAR OPTION EXPIRATION, AND RECORD OIL PRODUCTION May 29, 2015 In quite a contrast, this week has been the best for Japan with 11 straight up days since 1988 and the worst week for China since 2009. Eurodollar options are expiring today. There is a huge open interest at 1.10 strike and also at 1.095 strike. As of this writing eurodollar is trading at 1.0978.