Nikkei is down 2.50% in morning trading and the yen and dollar are rallying. Although Japan is a surplus country that will be hurt by a widening trade war, the yen rallies during deleveraging.
The trade war may be the rally killer the bears have been waiting for.
Blurred [sovereign debt restructuring] lines
-
Would an official sector creditor by any other name be treated as sweetly?
No comments:
Post a Comment