Monday, 14 November 2016

Asia. Hollow Moon

Is a massive 2015 hit for AWOLNATION. The lyrics goes something like this :
"Ima make a deal with the bad wolf so the bad wolf don’t bite no more "

Bloomberg has the low down, on Asia's Hollow Moon. Read Below :

BREAKING

Trump Shock Wave Lingers Amid Bond Rout; Most Asian Futures Drop

Yen selloff versus dollar buoys outlook for shares in Tokyo

Record $1.2 trillion erased from world debt values last week

Donald Trump’s election to the U.S. presidency continued to course through financial markets, with bonds extending losses and stocks outside of Japan set for another day of declines. Gold was near its lowest price in five months.

Government debt in Australia and New Zealand fell for a fourth straight session, tracking declines in Treasuries and European bonds amid speculation Trump will ramp up spending to meet infrastructure commitments, fueling inflation and the pace of interest-rate hikes.

Shares in Sydney fell a second day, while Asian index futures outside those for Japan signaled losses, with the yen’s slide to its weakest level since June buoying the outlook for equities in Tokyo.

Gold held on to declines following a three-day slump, while the dollar maintained gains versus its major peers.