#MarketRebound $#MarketRebound
๐๐ NEWS ๐๐
They wonder, why are the Major Financial Markets recovering today? Here I explain:
๐ช๐ชThis is one of the MOST IMPORTANT REASONS why the FINANCIAL MARKETS are recovering today
โ Bessent will travel to Japan to discuss the AGREEMENT between the US and Japan
โ Today the US stated that it is close to finalizing the agreement with Japan
๐ฅ๐ฅ What's special about this ๐ฅ๐ฅ
โ The important thing here is that investors expect this agreement to establish that Japan:
๐จ Stops raising the interest rate and/or cuts it
๐จ That Japan resumes the PURCHASE of American bonds
And this is totally possible as it has always been:
๐ฆ๐ฆ Japan's holdings of American bonds increased from $573.000M in 2017 to +$1T in 2010
๐งฒ๐งฒ This would reassure investors regarding the YEN CARRY TRADE and in terms of the BASIS TRADE LEVERAGE
Investors' eyes are focused on a kind of Vigilance from Japan.
$EUR