Aussie Dollar and the Nikkei Tokyo

Asian investors: The Nikkei in Tokyo also opened down 130 points or 0.7% as Asian investors nervously eye the reopening of the Chinese markets after a four-day break for last week military parade in Beijing, according to The Guardian. The Aussie dollar slumped to another new six-year low on Monday, dipping to US69.09c in early trading before recovering slightly to US69.28c. The S&P/ASX200 dipped more than 1% points to 4,985 points after falls last week on Wall Street and in Europe. Related:China central bank governor says yuan has stabilised against the dollar AMP chief economist Shane Oliver said: The bottom line is these concerns about China and the Fed are lingering – that what causing this volatility in the local market, Oliver said. There no resolution. Both these issues are being kept alive. (news.financializer.com). As reported in the news.