business

Renewed U.S.-China trade spat boosts safety demand for yen

2 Comments
By Tomo Uetake

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I've seen forecasts that predict the Aussie at 63.5 cents by the end of this year.

I doubt it. The fundamentals are decent in this country. Private debt, big mortgage debt is the major concern certainly.

Getting punished for the inability of other countries to manage their debt and spending ultimately. Getting punished by U.S v China although that was always bound to happen.

Along with the inability of the political elite, the world over, to bring the banking and speculation industry into line. Nothing has changed since 2008. Nought. Its still a global casino.

Waiting for the gold surge. Up 0.5% got a long way to go.

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s always, puzzled that the yen is seen as a safety trade.  BoJ still printing like crazy.  Earthquake happened, with predictions of a big one to come.  Political landscape a mess.  No assets to buy.

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