what does $48 billion get you as a
central bank we understand the bank of
Japan has intervened we wait for
official confirmation on that 5 a half
trillion yen in other words buying Yen
selling dollars well it achieved a
purpose which was changing the narrative
between dollar Yen but it didn’t just
significantly change the direction of
travel it’s going to take a lot more
from the bank of Japan and the Ministry
of Finance to finish that job off now
when it comes to Tesa this is what we
understand be careful how much emphasis
you put on you know self-driving in
China only a small portion we understand
again more job cuts to come two senior
Executives go at Tesla the headwinds are
rising you saw slowdown in Mercedes and
Volkswagen on the EV side as well so
it’s look over here China reality is
something else over here one CEO I’ve
met him on several occasions impressive
and indeed stoic to the job nol Quinn
stepping D at HSBC they’re on the search
for a new CEO goodbye no