the biggest factor was that Trump "changed his mind" about tariffs with China!
with Japan this is already a secondary issue...
IIRADIANCEII
--
They are asking why the main financial markets are recovering today? Here is the explanation:
This is one of the most IMPORTANT REASONS why the FINANCIAL MARKETS are recovering today.
Bessent will travel to Japan to discuss the DEAL between the US and Japan.
Today, the US confirmed that they are close to finalizing an agreement with Japan.
💥 What’s special 💥
The important thing here is that investors expect this agreement to stipulate that Japan:
Will stop raising interest rates and/or lower them.
That Japan will resume PURCHASING American bonds.
And this is absolutely possible, as it has always been the case:
Japan's ownership of American bonds has grown from $573.000M in 2017 to +$1T in 2010.
This would reassure investors regarding the MANAGEMENT OF YEN TRADE and regarding the PEGGING OF BASE TRADE.
Investors' eyes are directed toward a kind of oversight from Japan.
#MarketRebound
This is one of the most IMPORTANT REASONS why the FINANCIAL MARKETS are recovering today.
Bessent will travel to Japan to discuss the DEAL between the US and Japan.
Today, the US confirmed that they are close to finalizing an agreement with Japan.
💥 What’s special 💥
The important thing here is that investors expect this agreement to stipulate that Japan:
Will stop raising interest rates and/or lower them.
That Japan will resume PURCHASING American bonds.
And this is absolutely possible, as it has always been the case:
Japan's ownership of American bonds has grown from $573.000M in 2017 to +$1T in 2010.
This would reassure investors regarding the MANAGEMENT OF YEN TRADE and regarding the PEGGING OF BASE TRADE.
Investors' eyes are directed toward a kind of oversight from Japan.
#MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
928
0