Re traffic lights: Flashing green for technicals in #markets due to big re-balancing flows in favor of #stocks in response to Q1 losses from 19% (Nikkei) and 21% (S&P) to 27% for #EM . Later in the week, look for a return to orange Fundamentals:Constant red Policies:Flashing green
Nikkei tumbles in morning on fears of Tokyo coronavirus lockdown
AMUNDI ETF JPX-NIKKEI 400 UCITS ETF - DAILY HEDGED GBP: Net Asset Value(s)
AMUNDI ETF JPX-NIKKEI 400 UCITS ETF - DAILY HEDGED USD: Net Asset Value(s)
BREAKING: Japan's Nikkei 225 is down by over 6% in today's trading
Global mkts in PANIC mode: Oil prices crashed, equities plunged, currencies & bonds saw wild moves as a full-blown price war in crude adds to coronavirus worries. Nikkei dow almost 6%. US 10y yields <0.5%. Brent Oil at $32/bbl. Gold $1673. Bitcoin in turmoil as well, plunged <$8k
"Modi's defenders blame global factors for India's travails. In truth its economic mess is born almost entirely of domestic neglect and incompetence." — my latest for Nikkei, on a dangerous simultaneous slowdown in China and India.