BLOOMBERG Countdown February 8, 2016
It is monday. The a warm welcome to program. China, big news over the weekend. The data for january and terms of Foreign Exchange reserves down by 99. 5 billion yuan. The Chinese Central Bank spending money to defend the currency. It was not as much of an outflow as feared. We have not even gotten into the year of the monkey yet. Manus it was not as bad as everybody thought. What we have is a little bit of a picture or our viewers in through this period 2014, 2015. Defending the yuan is the real story that comes through. We are seeing volatility rise. It is the Lunar New Year. We are seeing tr...