But growth was soft. Thats not something the fed wants to hear. Similarly you take a look at data out of japan, tokyo cpi, even accounting for the start of education subsidies, something the boj might not want to hear, but we are still seeing stocks powering ahead today and this is six in large part to what we got on the earnings front, you had microsoft and alphabet. It really showed how ai is fueling growth. Stocks are reversing, some of the softness from yesterday. We are seeing chinese tech, really stealing the limelight and hong kong markets headed for their best week since 2022. The yen is hovering flat against the dollar as we wait for what we get from the boj, lets take a look at stock Market Movers because i think that is what highlights how quickly sentiment can turn for some chip related names and how closely they are still tied to their u. S. Peers and big tech names. Yesterday, they slid and today recovering. Lets look at jgb futures as well. As i said, we got data out of
Hong-kong
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Still-high
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Morgan-stanley
Perfect-world
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