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China manufacturing continues to contract, Japan rates go negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Financials: Mar. Bonds are currently 7 higher at 161’08, 10 Yr. Notes unchanged at 129’18.5 and 5 YUr. Notes 1 lower at 120’21.2. On Friday morning Japan lowered rates on short term instruments to a negative yield in an effort towards stimulating their economy. The market was not expecting this and the reaction was as one would expect, Bonds ralled along with equities and the Dollar vs. the Yen. Overnight Chinese manufacturing numbers were disappointing although I will note that service

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