JPY benefitting from Chinese Yuan speculation
Malta Independent
Wednesday, 26 February 2014, 12:50
Last update: about 13 years ago
Taking equity performance as a broader gauge of overall market sentiment we see that initial negative sentiment at the start of the week improved on Tuesday. The overriding themes in the market were the softer US data and the turmoil in Ukraine. Markets discounted the softer US data concerns and blamed it on the weather, while in the Ukraine the situation somewhat improved after the former President Yanukovych fled out of Kiev.