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Looking at a fourth day of gains led by japan. This move from the boj is continuing to drive the yens value. And euroyen are back to levels from last christmas. Another group benefiting from this introduction of a tax on excess reserves in japan is yields at the moment. If you thought they could not get any lower, think again. Watching warnings of impending collapse in the debt market. 12 percent. There were a long list of profit warnings out of chinese companies. It underscores a need for more policy action and explains why, despite the rally we are seeing across the equities space, we are seeing pressure on cyclical commodities. Oil is on the way down. Copper is also on the way down. Before i go, does this rally have legs . The dow jones all turned lower this morning, so maybe not. Whereone of those days you look at that and strip out everything out. Chinas manufacturing figures securing signaling growth may be losing stream. It is a record streak and deterioration. Man has been taki
VietnamRepublic-ofMalaysiaJapanTokyoAustraliaShanghaiChinaDamascusDimashqSyriaTexasGains there. Also malaysia, taiwan. For december. Risinge u. S. Stocks are even though u. S. Jobs came in with a low forecast. You could blame the harsh winter and tapering. They may ease off the tapering plan. Story. Japan is the main more details on that and which stocks are reacting. The yen,t exporters, and more in a minute. Gpm, 2. 7 jam this year. We could be in for more swings when it comes to market rates in china. The source of the information couldnt be more credible. They are the only ones who have the tools to control where those rates go. It is the pboc, the central bank. For lack of a better word, putting on some sort of guidance to the market on these rates. Not only will they perhaps remain elevated but they will continue to be volatile. It is not necessarily a bad thing. They are trying to reduce the credit expansion or at least places where that liquidity goes. It has gone to fairly inefficient industries. They want wont step in as often as they did. February 8 was th
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