Markets Are Rallying In Asia

The general “risk on” tone that’s been with the markets this week continues in Asia, as both Japan and Korea gain.

The Nikkei is up about 1%.

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Still everyone’s talking about the weakening yen, which has hit an 8-month low against the dollar. Against the Korean Won it’s at a level not seen since Summer 2011.

Chinese PMI comes out tonight.

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