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The Fun-Durr-Mental Reason Stocks Are Up This Morning (In 1 Chart)

Since we now see the China rate cut exuberance fading fast, we thought it worth reminding 'investors' what is really driving the overnight ramp. It's not the economy, it's The BoJ stupid...

 

 

As USDJPY returned to the scene of its crimes yeaterday in a big stop run...

 

Charts: Blomberg