In this week-in-review, Weston Nakamura follows up with market themes from earlier in the week. Starting with the frenzy and crash in Chinese bank stocks against a resilient Japanese equity market, Weston revisits the Japan - China market divergence call.
Then, its over to Niigata Japan, where G7 Finance Ministers and Central Bankers have convened to discuss inflation, Russian sanctions, banking crises, and a host of other measures - but instead, find themselves with only one issue in mind: the looming US debt ceiling debate.
Finally, Weston follows up with market reactions to earnings out of Nissan Motor and Honda Motor, after steelmaker JFE Holdings had just raised guidance citing strong production demand from the automotive sector, no longer hindered by a semiconductor chip supply crunch.
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Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
