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Tangoing in Tokyo - MarketPulse


Tangoing in Tokyo
Asian markets follow Wall Street gains
Asian markets have started the week on a positive note, as a disappointing US Non-Farm Payrolls on Friday couldn’t damp the stimulus-infused enthusiasm of Wall Street. The news front was relatively quiet over the weekend as far as market impact goes, leaving the road clear for the “buy everything” business as usual crowds. The Nikkei 225 has been a star performer this morning, rising over 2.0% as investors piled in after it took out 29,000 after the open this morning, levels not seen since 1990. It remains some distance from its all-time highs around 39,000 seen in January 1989. ....

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