Oh, And Now China’s Tanking Too…
June 12, 2013
Rough night in Asia.
The big story is the Nikkei, which continues to get walloped.
But now China is open for the first time this week (it was off Monday and Tuesday for holiday) and it’s getting slammed.
Remember, over the weekend, some decidedly weak data came from China.
As such, the Shanghai Composite is off over 3%.