SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 458.00+1.4%Jan 23 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 2MAR$ who wrote (100678)5/23/2013 3:56:30 AM
From: 2MAR$  Read Replies (5) of 219745
 
Japan stock markets collapsed.

The Nikkei 225 closed 7.32% lower at 14,483.98, which compared with a 2% gain, and its biggest one-day drop since March 2011. Risk markets were weighed by yesterday's Bernanke Q&A, FOMC minutes and large miss for China PMI data. Specifically for Japan concerns over the JGB market spooked investors. The BoJ were forced to carry out a Y110 B operation after benchmark JGB yields gapped up to 1% early on from 0.855% and then headed back to opening levels around 0.85% after the BoJ action. Japanese officials and the BoJ have played down the JGB market volatility in the last 24 hours, but there are fears over the impact from market volatility. Risk-off trades have weighed sharply on yen-funded carry trades and USD-JPY is a full two figures lower from overnight highs around 101.50.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext