Yen is also finally getting a bid. I think its fair to say that its the most undervalued currency in the world. Corporate profits in Japan are rising and unemployment is 3.8 percent! Insane.

Decent selling, but it doesn't look that concentrated and the stem model at sentiment trader is getting oversold. The transports and housing are getting crushed followed by banks. The concensus is that rates are going to have to raise because inflation is to stubborn around the world. I think a lot of it has to do with high resource prices as opposed to labor, but thats just my opinion.