Global monetary conditions are optimal for risk assets: rates are low and expected to remain so for some time, the Fed still has QE3 on the table and the UK has already bitten the bullet.

全球货币形势利好风险资产：利率水平低且料在一段时间内保持；美联储仍有可能推出第三轮量化宽松；

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If Japanese shares have another week like this past one, countless banks will wish they had bitten the bullet a little earlier.

ECONOMIST: Japanese banks

"They've bitten the bullet now, " Mombaerts says.

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