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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (836)2/27/2004 4:29:30 PM
From: gregor_us  Read Replies (1) of 116555
 
OMG: This Japan Yen Selling Data Adds to My Hunch

...that the Consumer and the Dollar began to *underperform* decidedly, beginning last Autumn---thus forcing Japan to pump in liquidity all the more vigorously. Look at that up-spike in Yen selling, which has only gone from strength to strength in 2004!!

Wow-woah-wee-wa!

The following table lists Japan's monthly yen sales beginning in January 2003, based on figures from the Ministry of Finance and the Bank of Japan, in billions of yen.

2003
Jan: (Jan 1 to 29) 678
Feb: (Jan 30 to Feb 26) 513
Mar: (Feb 27 to Mar 27) 1,196
Apr: (Mar 28 to Apr 25) 0
May: (Apr 26 to May 28) 3,983
Jun: (May 29 to Jun 26) 629
Jul: (Jun 27 to Jul 29) 2,027
Aug: (Jul 30 to Aug 27) 0
Sep: (Aug 28 to Sep 26) 4,457
Oct: (Sep 27 to Oct 29) 2,723
Nov: (Oct 30 to Nov 26) 1,600
Dec: (Nov 27 to Dec 26) 2,252

2004
Jan: (Dec 27 to Jan 28) 7,154
Feb: (Jan 29 to Feb 25) 3,342
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