Nikkei hits 15,000 , ¥ weakens – How high can the stock go and how low can the ¥ go ?!?
Is it a bird ? Is it a plane ? No that’s the Nikkei going up up and away .:-)
Yen weakness pushed the Nikkei above 15,000 points for the first time in more than five years, you be hard pressed to remember we just gone through the worst financial situation in recent times , only 5 years ago !
$ pushed above 102 – more positive news about the economy .
What joy it is to hear positive news .
Ozzy $ was reacting to the government budget . I see the $aud weakening , the commodity bubble that has made the country very rich is slowing , as such the rest if the economy is extremely uncompetitive .
Long Nikkei , short Yen , short AUD . That’s my trades and also long £ , I can see it recovering second third quarter .
Tony Evans
Tony Evans - Tokyo 