TUESDAY 3/17/15; BOJ Decision; St Patrick’s Day; Israeli Election; FOMC Two-Day Meeting Begins; Housing Starts; RUT All-Time High; ORCL; ADBE; KWKA Bankruptcy; Israeli PM Netanyahu Declares Victory

Asian indexes follow the US lead rallying strongly across the board sans Hong Kong. The SPASX200 is up +1.6%. The RBA Minutes state the case for future easing but for now the central bank remains “patient.” The Aussie dollar lifts to 0.7659. The NIKK jumps +1% to 19437.

At the conclusion of the two-day BOJ meeting, Governor Kuroda leaves 













[Text is Redacted: Purchase March 2015-03 to Read the Complete Chronology]

The Israeli election concludes and exit polls are showing an extremely tight race either a 27-27 seat tie for the two majority parties in the 120-member Knesset, or, a slight lead for the Likud party at 28-27. The two parties vying for victory are incumbent PM Benjamin Netanyahu’s  Likud Party and opposition center-left Isaac Hertzog’s Zionist Union party. In a brash move, Netanyahu proclaims he has the votes to declare victory.

At 6 PM, the Israeli media agrees that Netanyahu likely won the election but it remains too close to call. In the States, the Hillary Clinton email scandal deepens where the former Secretary of State skirted the law and did not sign a separation agreement document as required that verifies she properly handled public documents on her exit from the position. The republican party are sharks in the water circling Clinton hoping to crush her presidential aspirations. Clinton keeps digging a deeper hole concerning her secret computer server. Democrats are increasingly boosting former vice president Al Gore as a potential presidential candidate replacing Clinton.