Categories





The Phaserl








TheLibertyMill


Japanese Bloodbath After BoJ Disappoints – Nikkei Drops 1000 Points, USDJPY Crashes

from Zero Hedge:

If there was a sign that nothing else matters but central bank largess, this was it. The moment The Bank of Japan statement hit and proclaims “unchanged” a vacuum hit USDJPY and Japanese stocks. Reflecting that Japan’s economy has “continued a moderate recovery trend”which is utter crap given the quintuple-dip recession, Kuroda and his cronies said they will “add easing if necessary” and apparently that is not now. Not so much as a higher ETF purchase or moar NIRP.. and the aftermath is carnage – NKY -1000 points and USDJPY crashed to a 108 handle!!

  • *BOJ WILL ADD EASING IF NECESSARY
  • *BOJ: SEES LARGE DOWNSIDE RISKS FOR ECONOMIC OUTLOOK
  • *BOJ: JAPAN’S CPI TO BE AROUND ZERO PERCENT FOR TIME BEING

Incidentally, this is what consensus looked like ahead of today’s BOJ decision:

Of 41 respondents, 19 predict an increase in purchases of
exchange-traded funds, eight expect a boost in bond buying, and eight
project the BOJ will cut its negative rate.

And the result…

 

Close-up…

 

Some context…

 

The BoJ website crashed also.

 

The fallout is going global… Dow Futures tumbled 150 points to LoD…

 

And Yuan surged…

Read More @ ZeroHedge.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to Japanese Bloodbath After BoJ Disappoints – Nikkei Drops 1000 Points, USDJPY Crashes

  • Craig Escaped Detroit

    The “plunge protection team” is NOT going to be amused with dropping market numbers going into the weekend time-frame. It’s going to be more difficult to “paint the tape”.

    And the prices for Au & Ag keeps jumping higher and higher. I imagine TPTB will again manipulate all the markets like they have always done, but it’s getting MORE expensive & difficult to accomplish it. 🙂

    SOMEDAY, the toilet will blow up. Probably not today, but BE PREPARED for that day, because it will come.

    The banksters have been krapping on us for a long time, and it’s gonna be fun to see the look on their faces when the silver & gold stackers win the game.

    I’m watching the world events. It’s like watching the old videos of Mt. Saint Helens erupting in slow motion. The slope failure, the landslide making its move, and then suddenly, BOOM, everything blows up sky high and everybody is running for their lives because they waited until the last minute to get out of the way.

    The financial markets are the same way. The idiot investors don’t pay attention to all the rumblings under the surface. They think it’s just a bit of gas.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>