Did Japan Deliver A Fait Accompli To The US? – Investing.com

US japan fait accompli
Gulf

Did Japan Deliver A Fait Accompli To The US? – Investing.com

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 was up around 1.35% near the middle of the session. US equity futures were firm, though the was lagging. The US yield, that briefly dipped below 1.13% yesterday, was firm today, around 1.25%, while European bond yields were 1-2 bp firmer. After a poor report, Australia's yield slipped a couple of basis points, which was sufficient to mark a new three-month low (~1.15%). Most of the major currencies were trading slightly heavier against the . The Scandis and were the most resilient today. Emerging market currencies were mostly weaker, leaving the 's 0.2% gain being the best. The JP Morgan Emerging Market Currency Index was alternating between up and down sessions since the start of last week. Yesterday's small advance was followed by a minor loss today. was heavy, approaching $1800 after being turned back from $1825 yesterday. An unexpected drawdown in US , according to API, would be the first since May if confirmed by the EIA later today, maybe