Welcome to bloomberg day break europe. m anna edwards. Manus five years have been defeated, we went behind the data and had a look at a couple of different things. 5, 6, 7. Line, b. T. B. The blue line shows were expanding. Eres a satellite out there, two billion observations, so this space view of whats really going on in the economy. You may be trading less with china but the cost of goods in china is rising. Thats the key message over the past 24 hours. Anna yesterday we were worried about china, today seems to be about stabilization in china. You can see how this better data in china is having an impact. Its bouncing up. 4 . Thats the china story as is the sell were selling of the yen down around a third of a percent. Yesterday the yen was up on concern of export, today the yen s dun buzz of stabilization. Manus everyone comes up with the cliche, its more about Dollar Strength than yen weakness but these two indicators are about a proclivity for risk. The thai bhat there, it advanc
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