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BLOOMBERG Asia Edge January 25, 2016

The shanghai composite is up close to 1 right now. See more ofnuing to a rally in hong kong here, despite very cold weather here in hong kong. We are getting trade numbers, early from this morning. The trade balance is back to black. Dont be fold. Fooledexports and just dont be fooled. We saw exports falling. What a loss. Exports have really grown. Helped in yen december. Most are saying this trade balance has narrowed annually, compared to the record we have seen. It has fallen about 80 . Again, people are saying Commodity Prices are slumping more than expected, which is why we are saying this narrow. In the past, year to date, if you continue to see it here, i have strength of 1 , a reversal to call for the weaker yen. Doj to move. The we have heard from harry corona that that might actually happened. I want to end on gold. That is the new safe haven. It is going to stay up 3. 7 today. We are going to break that 1100 mark. Peo ....

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