Stephen Worrell

Oil prices continue to move lower, which is a cause of concern for some in the United States. But it's actually a very good thing for Japan. Many equity rallies have followed periods where there have been sharp declines in oil prices.

Stephen Worrell

This is by no means a panic or trend-inducing kind of caution, but there is some uncertainty about whether the yuan devaluation is part of a controlled stimulus plan or a sign that Beijing is blinking in the face of greater weakness to come, and uncertainty always warrants caution.

Stephen Worrell