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Podcast: Market Depth
Episode: Asia Currencies Fight Back Against The Dollar As US Inflation Cools
Description: US inflation figures came in considerably softer than expectations, and global currencies, bonds, equities and commodities rose at the expense of the U.S. dollar.But what happens when US CPI is now below Japan CPI? What does that mean for markets (namely the yen), and the Bank of Japan’s upcoming policy meeting (with direct implications on global bond markets)?Weston Nakamura discusses the US vs Japan inflation differential as it relates to the Bank of Japan policy, pointing to recent history as precedence. Weston also gives an overview of Asia currencies for...