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Strategies & Market Trends : Asia Forum

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To: Joe Dancy who wrote (4846)6/26/1998 5:35:00 PM
From: MikeM54321  Read Replies (2) of 9980
 
Thread,
While on the treadmill today, while reading the WSJ, and watching the TV, I wasn't concentrating well. I kept hearing bits and pieces of Ron Insanta (sp?) on CNBC. He mentioned, on more than one occasion, something about some figure coming out of Japan's government on Sunday night at 7:50 PM Eastern Time. I didn't pick it all up, but he said the figure is expected to be around, "50."

He said this is a, "simply terrible number," and will make the currency markets move in a, "big way." I believe he also said, "I'm not sure if the yen is going to move up or down, but it's going to be big!"

Does anyone know what in the world he was referring to?
Thanks,
MikeM(From Florida)
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