The Nikkei 225 is down more 3%
- Shanghai Comp -1.37%
- HK -3.75%
- ASX -1.04%
USD/JPY is on session lows (or close to): around 116.98
Brent under $28.20, WTI under $26.80 $27.80
EUR/USD on session high near 1.0950
AUD/USD 0.6865
NZD/USD 0.6379
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Expectations are high for more Chinese easing as measured by the spread between 1 and 5 year swaps. Its at its narrowest since mid-April of 2015 according to Bloomberg.
