The Officials: The Cobras are Biting | S1 E4

World of Oil Derivatives - A podcast by Greg Newman

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It's been a very serious week. Japan had a major collapse on Monday, with Nikkei coming off by 12% overnight - which has been the worst day of index since 1987. The Nikkei moved into a loss position after significant gains this year. The outlook wasn't good for Japan, and this extended into Korea, who remained tight-lipped about their trading books and personal holdings. The Officials discuss the reason for the collapse and its subsequent effect on the market. You can read The O...