2010년 8월 9일 월요일

We need to be cautious about volatility from slightly change in positions.

Japanese market dropped from the start following disappointing of US job data, and this put a strain on Japanese currency-sensitive stocks such as Toyota, Cannon, Sony and other makers. US job data announced and it sank both Wall street and the dollar against Yen! The dollar is trading at Y85.55, but the dollar is still dropping and if the dollar is below Y85, we may see a 200-300 point fall of stock market! ,so we should be cautious about volatility of Japanese stock market and its currency! 

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