Where were at right now:

  • Shangai Comp down over 2%
  • Shenzen too ............................... ADDED ... this is getting much worse .. Shanghai down 3.3%, Shenzen -4.3%
  • Regional equities down with China today
  • Meanwhile, EUR, GBP, Yen ... all stronger.
  • CHF higher also.

Are these the new correlations? Certainly looking that way.


I need a cup of tea.