The Nikkei is carrying on with its strong performance and is +1.7% on the day with other regional bourses +0.5% on average. Gold is trading at $1700/oza and Oil is at $106.75/bbl.
The Yen crosses remain fairly well supported and comments from IMF’s Lagarde on the newswires that the Greek bond swap looks promising have furthered emboldened the risk-on players.