Non-News That Japan Will Ease "Boldly" Has Bigger Impact Than Bernanke

Tyler Durden's picture

But wait - some regurgitated news from Japan of 'moar easing' and EURJPY ramps to pull S&P futures up to pre-Cyprus levels...

  • *BANK OF JAPAN GOV TO CALL FOR 'BOLD EASING,' NIKKEI SAYS

You have to wonder when no-news from the BoJ trumps no-news from the Fed in stirring S&P to move (but success as the S&P maaged to finally close the Cyprus gap). We can't help but wonder who decided that at 2:05am Japan time this non-news algo-pumping headline should be released?

 

 

Success...