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From the Floor: 'Equities are unstoppable' — #SaxoStrats
Asian shares rose by 1% today on widespread earnings confidence as well as the Bank of Japan press conference in which governor Kuroda maintained his dovish stance as the BoJ attempts to guide the economy towards 2% inflation.
• BoJ press conference sees Kuroda maintain course, inflation targeted
• 110.25 remains the key area in terms of USDJPY downside risks: Hardy
• Positive IMF global growth revisions see outperformance in Asian stocks
• US government shutdown ended for now, gov't funded until February 8
• Copper showing strength, appears set for further highs
15:15 minutes
Tags: commodities, equities, fixed income, forex, from the floor, fx, home.saxo, saxotrader, saxotradergo, tradingfloor.com
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