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Did Japan Deliver a Fait Accompli to the US?

From marctomarket.com

Overview: The biggest rally in US equities in four months has helped stabilize global shares today. In the Asia Pacific region, Japan, China, and Australian markets advanced. Led by information technology and consumer discretionary sectors, Europe's Dow Jones Stoxx 600 is up around 1.35% near the middle of the session. US equity futures are firm, though the NASDAQ is lagging. The US 10-year yield that briefly dipped below 1.13% yesterday is firm today, around 1.25%, while European bond yields are 1-2 bp firmer. After a poor retail sales report, Australia's benchmark yield slipped a couple of basis points, which was ... (full story)

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  • Category: Fundamental Analysis