Your guide to what's going on and in the news.
Buy or bolt? Japan's Nikkei index officially entered correction territory last Thursday after stocks shed 5.2 per cent in the second big plunge in as many weeks. Japanese equities have been riding high on strong first quarter GDP and aggressive quantitative easing, so the pullback could mark a buying opportunity. But a parallel drop in bond prices could signal something worse.
**The ECB toolbox** Markets will be watching Frankfurt carefully in the coming weeks to see...
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