Wednesday, September 15, 2010

Inches away from an Asian trade war (update 2)

Japan rumored to have $588billion intervention 'ammo' and they have only spent (only) $23billion.

Let's see if China can match this with YEN buying, or selling and (if Timothy US Treasury officially begins the trade war) buys USD and drops the CNY.

Watch all commodity crosses and commodity futures for major price drops. Commodity markets may already be pricing a trade war.

Hedge fund paradise on short positions.

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