Danville Posted April 18, 2007 Share Posted April 18, 2007 China and Japan are falling like a rock the past few minutes. Anyone know what's up? Link to comment Share on other sites More sharing options...
jaolsa Posted April 18, 2007 Share Posted April 18, 2007 In reply to: Danville on Wednesday 18/04/07 01:44pm cnbc is hopeless....in the asian market wrap up.....just a vague mention that china was down. re: japan..... TOKYO, April 18 (Reuters) - Japanese government bond futures hit a three-month low on Wednesday on a rise in Tokyo shares and talk in the market of the Bank of Japan possibly raising rates again before the end of the year. Benchmark 10-year JGB yields jumped to a two-month high of 1.710 percent as investors shrugged off a hefty rally in Treasuries on data showing a slowdown in U.S. core consumer prices. Some analysts said investors did not expect the gains in Treasuries to be sustained based on the consumer price data alone, with any signs of strength in U.S. economic data reinforcing the Federal Reserve's stance of keeping rates on hold. Investors were also worried about rising yields in other markets, with benchmark Gilt yields hitting a three-year high the previous session on the jump in consumer price inflation Link to comment Share on other sites More sharing options...
Danville Posted April 19, 2007 Author Share Posted April 19, 2007 Shanghai down 3%. Shanghai is the most volatile of the asian indexes. The Chinese gov. has postponed release of the GDP numbers until the close of the Shanghai market. Hmmm Word is that growth is still way too high and additional measures will be needed to slow it down. Does anyone have a link to the Shanghai markets? ATM, just relying on CNBC which can be quite delayed. Link to comment Share on other sites More sharing options...
mysterious Posted April 19, 2007 Share Posted April 19, 2007 In reply to: Danville on Thursday 19/04/07 12:42pm Is this the one Danville ????? http://www.sse.com.cn/sseportal/en_us/ps/home.shtml Link to comment Share on other sites More sharing options...
kahuna1 Posted April 19, 2007 Share Posted April 19, 2007 QUOTE (Danville @ Thursday 19/04/07 01:42pm) Hi Dan, Pretty much live ... http://www.sse.com.cn/sseportal/en_us/ps/home.shtml Or if that stops which happens .... same thing with pretty writing ..... http://www.sse.com.cn/sseportal/ps/zhs/home.shtml Has to be said ... like last time ... Chinese market bounced 11% from recent levels and exchange up 34% on the year .... so not sure I pay a hell of lot of attention to this ... its still 10% above where it sat after the correction 2.700 ish and 20% off the lows .... In fact 6 months ago the old composite was 1800 ... its nearly 100% higher in 6 months ... Of course the market gets the spooks yet again ... but relevance like last time for me not so big. Of course our market along with all the rest all time highs so a bit of a retreat back off these levels ... Good luck Link to comment Share on other sites More sharing options...
Danville Posted April 19, 2007 Author Share Posted April 19, 2007 In reply to: mysterious on Thursday 19/04/07 10:50am Thanks for that. Shanghai now only down 2% Good to keep an eye on this. KL Composite now down 2.7% Link to comment Share on other sites More sharing options...
Livas1 Posted April 19, 2007 Share Posted April 19, 2007 In reply to: Danville on Thursday 19/04/07 12:57pm http://yahoo.reuters.com/news/articlehybri...omktNews&rpc=44 could explain the fall Link to comment Share on other sites More sharing options...
Danville Posted April 19, 2007 Author Share Posted April 19, 2007 Shanghai now at the low for the day - down 3.78% As K1 says, on one hand completely irrelevant. On the other hand, it can only add to sentiment which is a bit jittery now that everyone around the globe has hit record highs. Most everyone is in profit right now. To take it and run , or let it ride..... Link to comment Share on other sites More sharing options...
Danville Posted April 19, 2007 Author Share Posted April 19, 2007 SH now down 6.8% 15 mins to China GDP Link to comment Share on other sites More sharing options...
Livas1 Posted April 19, 2007 Share Posted April 19, 2007 In reply to: Danville on Thursday 19/04/07 03:43pm Is China down 7%? Link to comment Share on other sites More sharing options...
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