The strong set of job market data seemed to have cleared much concern over recession in the US, and set the tone for the financial markets. Benchmark treasury yields jumped as traders added bets on Fed continuing with the current pace of tightening beyond neutral. Stocks markets were resiliently firm despite that and look set to extend near term rebound. In the currency markets, Dollar ended as the strongest, even though rising yield was countered by risk-on sentiment. But it couldn't break out of range against the steady Euro. Yen was the worst performing, pressured by the development in both stocks and bonds markets. Sterling and Aussie were mixed after respect central banks' rate hikes. The Pound didn't end up too badly considering the grim outlook of UK economy as painted by BoE. Overall, risk-on sentiment could continue in the coming week. Dollar should remain firm but need fresh inspiration from consumer inflation data. Yen's extended selloff could be the most apparent theme. | 