Japan Feb Adjusted Merchandise Trade Balance falls to ¥-1086.581B vs ¥-737.29B

Following the FOMC risk event, according to Rabobank senior US strategist Jan Lambts, "we expect to see the end of QE3 at the turn of the year, with the Fed slowing down the pace of asset purchases from its current $85bn/month in the second half of this year if progress towards ‘substantial improvement’ in the labor market is being made."