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

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To: YanivBA who wrote (53427)7/15/2006 12:35:27 PM
From: Moominoid  Read Replies (1) of 116555
 
NDX lead NIKK much of the time:

stockcharts.com

The next report is BTW scheduled for Tuesday 18 July (i.e. Monday night US time).

My favorite indicator shows the NDX ready to bounce:

stockcharts.com

Even if they drain some back there still will have been a more than 10% increase in the two days. Given the market wants to bounce this can be the excuse.

Actually interestingly the movements in the Yen seem to get going before the changes in the monetary base happen:

stockcharts.com

For example the Yen starts rising before the cuts to the current account starting July 3-4. And now the exchange rate has started falling already

Is the exchange rate the driver or anticipating the changes?
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