As the US was considering limiting investments in China, the dow dropped more than 150 points. Usually NIKKEI positively correlates with us30. Whenever there is uncertainty in the US the asian stocks tends to suffer as well. Signs in soft data shows investment growth as very weak for JPY. CPI data came out bearish, and USDJPY appreciated as investors flew to us dollar at news for chance of a deal sooner than expected with China.
Below are some articles for further analysis.
www.cnbc.com/2019/09...-oil-currencies.html
www.cnbc.com/2018/10...ined-at-the-hip.html
www.cnbc.com/2019/09...-us-china-trade.html
Below are some articles for further analysis.
www.cnbc.com/2019/09...-oil-currencies.html
www.cnbc.com/2018/10...ined-at-the-hip.html
www.cnbc.com/2019/09...-us-china-trade.html