BLOOMBERG Bloomberg July 4, 2024
If the uptick was a blip. In terms of the nikkei 225, a stronger again so it is extending a slump. The boj may exit negative rates perhaps in march especially on the back of what it did not do yesterday. It did not intervene when the topix slumped to percent. Typically it has jumped in prop up the market at 2 . It is about china and the lackluster performance of vanke causing a lot of trepidation as well as concerns in the Property Market yet again. Moodys downgrading it to junk. The yen is the one we are tracking at this point as it continues to rally. It has outdone every g10 currency this m...