A Big Global Rally Is Happening After Night Of The Yen Intervention

The yen is down big from where it was yesterday at this time thanks to the global, coordinate, G-7 intervention.

And markets all around the world approve.

Despite the lack of big progress at the nuke plant, stocks are rallying.

The Nikkei gained 2.7%. The rest of Asia was up modestly, and Europe is nicely higher.

And S&P futures point to a very solid open.


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