Thanksgiving is one of, if not the, most important holidays in the US and markets are always fairly quiet and last night was no different with the the impetus out of markets but there was still big news with the Nikkei up strongly again in Japan on the back of the weak Yen and expectations it will weaken further. Sterling popped and sits at 1.6340 this morning up 0.33% but well up on the low of the day at 1.6275 after the preemptive strike from Bank of England Governor Mark Carney to withdraw extraordinary support that was being provided to the market via the “Funding for Lending Scheme” which was used to ... (full story)