Asia markets tumble

The Fri market decline continues Mon morning in Asia. Japanese stocks are down 4% before breaking for their lunch period. Japan is following the Fri lead from NY & the yen is up to 103 to the dollar making exports to US more expensive. Just a couple of months ago, that rate was around 114. Korea, Taiwan, & Australia are down around 3% & Shanghai is down only 1%. Additionally, Shanghai is off more than 30% from it's highs set a few months ago. Hong Kong just opened down 3½%. Gold is up to 980. Venezuela is mobilizing tanks sending them to the Columbia border, a bullish signal for oil currently at 101. These are early signals that Mon will be another tough day for NY markets.