Markets have been disappointed over and over again by the misleading announcements from Trump.
There is wariness over this latest:
Trump reckons he has completed a ‘massive deal’ with JapanTrump says hes not lying this time, Japan deal is a ‘lot different’ from deals in the past
Its more reassuring to get this from Akazawa, who been honest during talks, unlike counterparts. Akazawa has posted on twitter:
‘Mission Accomplished’
Yen on the rise again:
Japanese Government Bonds are rising too, yield on 10yr down 3bp
This article was written by Eamonn Sheridan at investinglive.com.