US economic data was somehow disappointing yesterday. Yet, financial markets rose amid expectations that weaker data would trigger the Fed to continue QE measures. Wall Street gained with the DJIA and the S&P 500 adding -0.14% and +0.37% respectively. Japanese shares plunged despite BOJ Governor Kuroda’s reaffirmation that the central bank is committed to asset purchases and exert downward pressure on long-term interest rates.
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Financial Markets Gained although US Data Disappointed
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