Quotes from the news wire:
There are major events to focus on now. The market is waiting for the Fed and ECB meetings to price in the results, there are still risks that the outcomes may not be something the market is expecting, but considering how much the Nikkei has regained momentum this week, it seems the market is fairly optimistic.
Yellen's comment gave no major news and did not change the widely perceived view that the Fed will likely raise rates sometime this year, if the rates are increased in small increments while U.S. fundamentals are improving, the stock market should take it as a positive thing, and that's what the market is expecting.
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