Comments by former PBOC adviser Li Yang If there is going to be a spillover from a trade war, a currency war surely ranks at the top of the list. Though as before, it’s much easier for China to approach that matter than it will be for the US.
Comments by South Korea’s finance minister Kim Dong-yeon South Korea continuing to hint that they will intervene in the Korean won if necessary. They have expressed such a tone throughout the year, and also commented in the market last week .
Latest data released by SECO – 9 April 2018 The seasonally adjusted reading remains unchanged. Steady as she goes for Swiss unemployment data. Nothing else to get from this report really. Let’s move on.
Asian investors are quick to forget about the beating US stocks took on Friday I’ve emphasised this a couple of times last week, markets are quick to forget. A new week begins, and the focus is now on China president Xi Jinping’s speech tomorrow at the Boao Forum.
News via Bloomberg, citing MOF’s Mitsuru Ota I believe they are citing the NHK report . Which says that an MOF official asked the Moritomo lawyer to lie about why the school operator received a huge discount when they bought the state-owned land.
Early Monday FX moves can be small, like these ones are, but just noting them ICYMI On the yen, we had a wiggle as news broker (very early) that – (More here: ) USD/JPY (this is one-minute candle chart to give you a picture of the moves …. and increase the dramatic value! 😉 )
Bloomberg with the headline I’m looking for a bit more detail …. BRB … ok, here we go: Via Reuters (but, yes, Bloomberg with the headline referring to the Reuters report)
Citi’s global macro analysis on the Federal Reserve over the weekend, warns that there is a slowdown in global growth looming. In February, Citi write on the stock market drop:
Orban was expected to be re-elected and that scenario is playing out – Orban’s party looks set for 134 seats out of the 199 – Counting continues, the latest projections are based on around 70% of votes having been counted
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