FX: Risk Aversion Rips USD/JPY

Market Drivers June 13, 2016Chinese data comes in line Risk aversion flow dominate Nikkei -3.51% Dax -1.52% Oil $48/bbl Gold $1286/oz. Europe and Asia : CNY Industrial Production 6.0% vs. 6.1% CNY Fixed Asset Investment 9.6% vs. 10.5% CNY Retail Sales 10.0% vs. 10.1% North America :  No data todayRisk