Monday, July 19, 2010

Asia is overpricing risk (update 1) - Japan and China have loss the plot

...they even ignored Chinese Chamber of Commerce saying H2 is going to be a horror show for Chinese exports.

But, BoJ/Japan political selling of the YEN which supported risk buys across the boards was the winner.

except for the Nikkei down -1.19%

This is desperation. Re: Japan

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