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Warren Buffet Doubles Down on Japan
Market Depth
The Dollar Went Winning Over 1% After the BOJ Press Conference Reaction
Dollar weakness is just kind of recovery from that BOJ press conference reaction, which I'll get into later in detail. China headline CPI came in at 0.7%. That was lower than expectations of 1% and that is an 18 month low. What this suggests is that China may be in a weak demand driven potentially disinflationary trend. This could then potentially point to policy easing in monetary and fiscal support coming if this should persist.
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