Nikkei Tops 20,000 On Batshit Crazy BoJ Balance Sheet; Global Stocks Rise Ahead Of Jobs

Well, the Nikkei crossed 20,000 for the first time since 2015 overnight. And really, why shouldn't it? After all... https://twitter.com/heisenbergrpt/status/870398408791658497 The move was of course also helped by the dollar (i.e. a weaker yen), which got a lift from Thursday's ADP report. "Sentiment for the dollar brightened as the Nikkei average reached 20,000, which we haven’t seen for a while, and the dollar could gain above 112 yen if tonight’s jobs data provide more positive sign

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month

View subscription options

Or try one month for FREE with a trial plan

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints