While the market was left with uncertainty on how far the yuan will fall, the Chinese central bank's action (the stronger fix on Friday) was taken as a signal that it does not intend to keep allowing the yuan to fall. Yoshinori Shigemi More Quotes by Yoshinori Shigemi More Quotes From Yoshinori Shigemi We must be a little bit careful that if the trade negotiation would be ended with a temporary success, that could in turn mean the Fed might restart their monetary tightening. Yoshinori Shigemi top-news We expected that slowing China demand would hit global manufacturers' earnings to some extent but their missing their estimates was shocking. Yoshinori Shigemi company-news The market is cautious against earnings of manufacturers which have large exposure to China. Yoshinori Shigemi company-news The weak U.S. economic data and trade war headlines are all hurting the Japanese market's sentiment and prompting a sell-off in blue chip stocks. Yoshinori Shigemi company-news People started to worry seriously that the global economy will falter. Yoshinori Shigemi company-news There are trade frictions not only between the U.S. and China but also between the U.S. and its allies. Trump could put more pressure on other countries like Japan and NATO courtiers, so far investors have been escaping to high-tech shares and small cap shares. After all, money is still abundant. But investors should be cautious. Yoshinori Shigemi company-news Investors are cautiously taking risks now although they are aware of uncertainty. Yoshinori Shigemi company-news While the market was left with uncertainty on how far the yuan will fall, the Chinese central bank's action was taken as a signal that it does not intend to keep allowing the yuan to fall. Yoshinori Shigemi company-news What we are seeing now is a rehash of what we were seeing last year. Yoshinori Shigemi company-news
