Close Nikkei Japan’s grade has been reduced to neutral by our regional matrix, while Europe stays overweight (justifying our call yesterday to buy Spain). Thus we close for a nice return our long on the Nikkei (up 14.44% since June). You Might Also Like 1998 Scenario September 4, 2019 Reduce net exposure between Fed and option expiration September 18, 2019 Buy US Gold miners December 12, 2019