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Podcast: Market Depth
Episode: Breaking Down The Alibaba Break-Up
Description: Alibaba Holdings announces their restructuring into six entities, triggering a surge in Chinese tech shares, and global indices. Weston Nakamura gives his initial takeaways of this monumental surprise development, and the potential implications reaching far beyond China.In addition, Weston discusses the upcoming China PMI release on Friday as a potential market moving catalyst, citing the prior month's reading and subsequent cross-asset market reaction that followed. He also shows why the yuan's price action matters to global markets.Finally, Weston touches on the yen and its price action heading into Japan fiscal year-end later this...