The Phaserl


Markets Turmoiled As 5th Hindenburg Looms

from ZeroHedge:

5th Hindenburg Omen in the last 6 days… Breadth todasy was horrible…

Wherever you look today there was dramatic moves in markets – Treasury yields plunged, credit spreads blew wider (especially HY and more especially energy), VIX jumped notably higher, USDJPY collapsed, gold and silver surged, oil rallied modestly…

But then – shortly after Europe closed… someone (cough BoJ cough) decided to catch USDJPY at 117.95 and lift it miraculously 170 pips to save risk assets from a serious day…

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