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People's Bank Of China Is Running Without A Governor

Market Depth

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Introduction

Weston Akamore: Welcome to the market death podcast bringing you global market commentary and analysis from the Asia Pacific trading session so that you know what happened overnight. We have three things to discuss today. Number one, market price action commentary on the Japanese yen, particularly the sudden 1.4% rally in the yen or drop in dollar yen that had occurred on Friday and continues to this day. And then separate market priceaction commentary on the Chinese Yuan and this whole saga of you know priority focus and urgency out of Beijing to stabilize the currency in the immediate term. Okay now in terms of these like shorter term price action in the currencies they actually are being driven by independent and sort of different

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