The stock markets have rocketed on the first day of trading with FTSE bursting through the 6000 level and the Dow rising to 240 points up in the opening minutes nearly 2% up, passing the 13000 mark.
Whilst the yen has faced pressure, in Japan the futures market indicate a big jump for the Nikkei is in store.
The fiscal cliff deal, which kicks the can a short way down the road triggered this relief rally and also sets the year up for further a rally, as it helps meet the January Bull Indicator criteria suggesting there is a good chance for a strong market throughout whole of 2013.