Not that we don't want a rally every day but this bounce back today is just what the doctor ordered. In last night's podcast, we discussed the possibility that Asia and London would overlook Jerry's POSX jawboning and it appears that that's exactly what has happened. So, now that we're back to near yesterday's highs, what happens next?
Well, first of all, we await a rate decision from the BoE (not ECB) and the tomorrow's (tonight's) decision from the BoJ. We also have some data on tap as the Philly Fed will be out in a few minutes and a string number could help to pump up the...
