Today's movement is a reaction to news about geopolitical risks.
More Quotes from Satoru Ogasawara:
With consumer spending remaining strong on the back of rising income levels and improvements in the employment climate, conditions would appear to be right to begin passing on price rises to the end consumer sooner rather than later.Satoru Ogasawara
Better-than-expected numbers this week will surely be euro positive. It will help investors understand that the state of the European economy is improving.
Satoru Ogasawara
With the domestic economy getting back onto a normal footing, individuals are becoming less afraid of risk.
Satoru Ogasawara
The economy is getting better, so Japan is putting more of its money overseas again.
Satoru Ogasawara
The improvement in jobs and wages means we can expect spending to be pretty good this year. Consumer spending will be reliable source of growth that will support the economy.
Satoru Ogasawara
The dollar inherited its strength from last week after a rise in the US employment report reassured market expectations of an interest rate rise in May.
Satoru Ogasawara
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