S&P jumps 25 points…

06/05/2010 | 18:49 GMT

Or should I say pints…This is Sept/Nov 2008 redux…

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In-line CPI report leads to a blockbuster day for US stock markets
US stocks open higher led by the NASDAQ index
USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
USD/JPY looks to US CPI report to potentially break ping pong range
BOJ reportedly erring towards keeping interest rates unchanged next week
USD/JPY back above 153.00

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