A very interesting night which really began yesterday after the worse than expected trade performance out of Japan with the current account deficit – yes deficit – of 592.8 billion Yen.
Also of note was the retail trade data in the US which was much stronger than expected printing 0.7% ex-autos against 0.4% expected and Fed Governors Plosser and Fisher left the market in no doubt that more taper is coming.
0 comments:
Post a Comment