Slow road for China
NAB Morning Call
00:00
The Japanese Economy Is Doing Really Well
Yen weakness is a reflection of two things. The pressure yields have moved lower significantly, led by the belly of the curve. At the same time, the market is becoming a little bit more wary about what this ending season would look like in the US. And that cautiousness is also being favored by a little bit of support for the yen as well.
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