Weak Asia Data, Japanese Yen Under Pressure

Schwab Network

Jul 5 2023 • 9 mins

What does the weak economic data out of China and Japan indicate for currency traders? The Australian Dollar seems to be the most affected and the Japanese Yen has been under pressure all year. Bob Iaccino says that there is a global manufacturing recession. Are central bank interest rate hikes coming to an end? Iaccino also weighs in on how equity and commodity markets are impacted.

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