Turbo Growth in Japan

The world's third-largest economy is picking up speed for real , thanks to massive fiscal and monetary easing.

Japan, the world's third largest economy after the U.S. and China is well on its way into the economic recovery, such as Europe and U.S. have been yearning for for years.

Bonds: Spanish messages turned the picture

Bond dealers were almost gone for the weekend before Friday's trade. In any case, there were close to absolute rest on a trading day, which was marked by cautious buying almost across the board.

This resulted in a slight decline in interest rates in both South and North Europe most of the day, but new reports that Spain has not intend to seek official help for its pressed banking sector reversed the picture in Spain and Italy, which ended with small increases in interest rates.