Friday Morning Notes: Positive Tone Upon Strong GDP Figures – Morning Notes

– Positive tone in global markets
– One exception is the Nikkei, which closed down 70bps on news that a govt official insinuated that major banks may be asked to waive TEPCO’s debt
– Triple R hike in China yesterday did not have much of a negative effect on the Shanghai Comp and Hang Seng, which closed up 1% and 90bps, respectively
– Hong Kong raised GDP forecast to +5.6% from +4.5% after the Asian markets closed

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