The most interesting story in the Market right now is the ongoing weakness in Tech Stocks which directly has an effect on Nasdaq 100 Index Futures. The Euro rose to its highest level in more than a year still gaining off Draghi’s Tuesday speech in which he downplayed Deflation Risks. The rally in Oil however, failed to hold. A mix of broad risk-on sentiment and the recent BoJ Policy Meeting which showed no signs of stopping or slowing Japanese Government Bond purchases has contributed to the Yen retreat.
