Overnight we had the big spike in treasuries. Certainly putting Dollar Strength into the story and putting pressure on a lot of asian currencies. The japanese yen is a true standout. We had seen the weak in helping some of japans exporters of late. Today though, that story is not translating. Youre seeing them move in the wall street session, weakness in the s p 500, closing down 1 . The nasdaq dropping, in turn, you see that reflected so far in the session. We also have to open for korean equities. We can see in the open here, a drop at the open. Its not just a story of you the u. S. Inflation print that came in hotter than expected. We also saw south koreas president suffered a big loss in the parliamentary vote and that is playing into the dynamic given the opposition gained slots. The president is looking to be in a weaker position for the last three years of his term. We just had some trade data. The first 10 days of april. We saw exports rising more than 20 22 percent, actually,
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jmi.ac.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jmi.ac.in Daily Mail and Mail on Sunday newspapers.