BLOOMBERG On The Move March 11, 2016
Kuroda versus draghi. The pboc hikes its yuan reference rate. Global equities continue to track the chinese currency. We will track that correlation. A nice charts. That will be coming up later. In the battle of the charts which i feel fairly confident about this morning. This move by draghi is significant. He says that channel is not working and we will try something different. Not it is clear he does have that much effect on the currency other than moving it out. The euro holding its strength. What will that do for the banks . Will that be their lifeline. We have a lot to discuss this mornin...