Foreign Investors Are Buying Japan Stocks at Record Pace
Market Depth
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AUD JPY: A Good Base Currency for Currency Directional Plays
Wes Nachmuro: It's tough to gauge the market reactions of what this, you know, kind of surprise, weakness in China manufacturing PMIs is due to the holidays that I mentioned before this week. He says with BOG uncertainty now out of the picture for the moment as being on hold in terms of yield curve control policy, JPY can be a good base currency when looking at these respective central banks' decisions. Wes will also look into headlines about First Public Bank getting taken over by JP Morgan and see if there's any implications from Japan Banks standpoint.
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