Sentiment Firms on Central Banks' Easing Bias

Market sentiment remained strong, carrying forward last Friday's rally in US market and oil prices. Japanese equities jumped, gaining more than +1% in Asian session, following a +7.16% rally in the prior day. The strength, in spite of bigger than expected GDP contraction in 4Q15, was driven by Japanese yen's weakness and hopes of further BOJ easing in March.

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Sentiment Firms on Central Banks' Easing Bias