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Asian Equity Rout Continues . . . .

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  • errolanderson
    Senior Member
    • Jan 2012
    • 3124

    Asian Equity Rout Continues . . . .

    Realize have brought this up earlier, but . . . is the rout on in Asian markets?

    Nikkei and Hang Seng under heavy pressure tonite. USDA report had better be bullish tomorrow or grain markets may be in for further price pressure. This drop in Asia is a direct threat(IMO) to commodity values globally.

    There appears to confusion over central bank policy right now. In other words, is the gig finally up on QE? . . . .
  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #2
    Quite the crash going on right now,nikkie down over
    6%,spilling into europe should be an interesting day.

    Comment

    • cottonpicken
      Senior Member
      • Apr 2006
      • 6993

      #3
      Wondering if they where getting worried about the yen,the sell off was getting out of control and maybe need to slow it to stabalize
      the situation,its at a key resistance level.

      http://www.barchart.com/chart.php?sym=J6M13&t=BAR&size=M&v=2&g=1&p=MN&d=X& qb=1&style=technical&template=

      Comment

      • errolanderson
        Senior Member
        • Jan 2012
        • 3124

        #4
        My concern is the impact on our prices.
        Nikkei collapse will no doubt pressure
        commodity prices. As you said . . . an
        interesting day /week ahead.

        Comment

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