4 Quotes by Michael Derks

I think the markets had largely been expecting some sort of air strikes, and had pretty much factored that in.

Japan's recovery looks a lot more sustainable these days and doesn't need excessive liquidity. Japanese government bonds don't look very compelling and it's likely that the bidding will be a lot more cautious in light of the Fukui comments.

It's a flagship economy and any sign that this seems to be losing its sparkle is hitting it hard.

The market is coming round to the view that we're going to get a second rate increase after today's as growth will probably be quite robust over the next few months. Treasuries have weakened and it's likely they'll push a bit lower.