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Positions overnight. We dont know what will happen. Even in japan yesterday stocks snapped their earlier gains to close down 4 and we just saw the nikkei reverse those gains right now. We may see another volatile day as chinese stock market swings again. Just had a look at the stocks. All over the place, positive, negative. Currency markets no stranger to some of these wild swings, mayu. Give us some of the levels, specifically dollar yen. Well, the dollars doing a little bit better right now. The dollar recouped some of its losses after chinas Central Banks fifth rate cut since november but its still in a down trend, 118. 75. The euro is edging lower after hitting 117 level monday. Its around 1. 1556. So some are buying back the dollar after purchasing currency to avoid risk like the euro and the yen. Big focus will be on the shanghai composite. Well see how it reacts to chinas rate cut. Ill be back with an update in a few hours. ....
Positions overnight. We dont know what will happen. Even in japan yesterday stocks snapped their earlier gains to close down 4 and we just saw the nikkei reverse those gains right now. We may see another volatile day as chinese stock market swings again. Just had a look at the stocks. All over the place, positive, negative. Currency markets no stranger to some of these wild swings, mayu. Give us some of the levels, specifically dollar yen. Well, the dollars doing a little bit better right now. The dollar recouped some of its losses after chinas Central Banks fifth rate cut since november but its still in a down trend, 118. 75. The euro is edging lower after hitting 117 level monday. Its around 1. 1556. So some are buying back the dollar after purchasing currency to avoid risk like the euro and the yen. Big focus will be on the shanghai composite. Well see how it reacts to chinas rate cut. Ill be back with an update in a few hours. ....
Paralympics main stadium are standing by their plan. They say the facility could be built for less. And south Africas Deputy president visits japan in search of stronger business ties. Japans Prime Minister schenn zoe abe and u. S. President barack obama have agreed to closely coordinate policies over north korea and plunges in share markets. The two leaders talked over the phone for about 40 minutes on wednesday. With the u. S. Side proposing the discussion. In the conversation, they welcomed the news that north and south korea have reached an agreement on easing tensions between them. The leaders also agreed to koord nate views on stock plunges around the world. Obama expressed a positive view of the statement abe made to mark the 70th anniversary of the end of world war ii. Obama also touched on alleged spying by a u. S. Intelligence agency on the japanese government and b ....
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