The Officials: The Cobras are Biting | S1 E4
World of Oil Derivatives - A podcast by Greg Newman
![](https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/96/86/d7/9686d731-6ef5-56ac-8e0b-bcb91f0d1435/mza_11332991638145253880.jpg/300x300bb-75.jpg)
Categories:
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...