Asia Pulls Down Global Equities, As The Dollar Weighs On Asia
Market Depth
The Impact of Currency Fluctuations on Global Markets
In this chapter, the speaker discusses the impact of currency fluctuations on global markets. They analyze the weak yen and FX management by Japan officials, including the perception that the Bank of Japan may intervene to fix the yen higher or dollar yen lower. They also talk about the current state of the yuan and how its stability is a priority for the People's Bank of China, even though it prevents them from implementing massive stimulus measures.
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