While financial markets have stabilised, last week's policy surprise announcements from the ECB and the PBOC - a potential BOJ surprise this coming Friday would no longer be surprise - provide a just-in-time reminder that all's not well in the world outside America ... and what goes around comes around. https://www.financialstandard.com.au/feed/latest?story=54650324 en-AU Copyright 2026 Financial Standard 5