atter that one was imminent. Japan ended lower with the USDJPY moving towards the 120 level (this is the first negative close for the Nikkei and the Topix in eight trading day. European markets are weaker this morning as peripheral spreads widen out following the developments in Greece. Greek PM Anton

es on the back of yesterday's comments from the Deputy Economy Minister that endorsed further weakness to 100). Gains were across the board with all Topix sub-sectors closing higher. The headlines should continue next week with Abe addressing the parliament on economic strategy on Monday and a number

as the S&P 500 touched a new historical high. The current earnings reporting season lends fundamental support with the earnings for the S&P 500 and Topix companies reported so far surprising by 6% and 4%, respectively. The earnings surprise for the euro companies (SXXP) that have reported so far has a

leverage (financing 3mL+70bps, --20% initial collateral). OR buy another $1mm of your DXJ (that position can represent your delta one allocation). Topix and DXJ charts below for your convenience. Today or Tuesday: Barrier notes - if we can achieve comparable terms (vol has come in) on that eurostoxx5

t leverage (financing 3mL+70bps, —20% initial collateral). OR buy another Slmm of your DXJ (that position can represent your delta one allocation). Topix and DxJ charts below for your convenience. Today or Tuesday: Barrier notes - if we can achieve comparable terms (vol has come in) on that eurostoxx