This page has been archived and commenting is disabled.
Japanese Stocks Open Down 3%, Yen Spikes, Bonds Greatly Unrotated
UPDATE: JPY weakening rapidly back to US day-session lows (101.25), equities rising modestly (still down ~2%), JGBs tumbling back to unchanged. The correlation is in motion now so the BoJ will have to decide what they want...
...And cue Amari, Kuroda, or Abe proclaiming that it's all under control. Japanese stocks (the broader TOPIX index) are now down 3% with financials and utilities getting monkey-hammered. JPY is surging back under the Maginot line of 101.00 to its strongest since the big-break-of 100.00 day three weeks ago. JGBs are rallying (so that's one thing) but are half-way to being halted limit-up. But - with the rally in JGBs, hedgers are scrambling to protect gains as JGB implied vol surges back over 48% (its highest in over a month). So, apart from that...
»
- 11417 reads
- Printer-friendly version
- Send to friend
- advertisements -
Pwint moar bwitchez.
Time for a Nikkei halt or two.
Monday the sun will rise over a completely new world.
Enough with the teasing!
2nd one out is a rotten egg
They only halt a crashing market and not a rapidly rising one. Why? ;-)
Also does not apply to gold and silver.
They don't call it the criminal syndicate known as Wall Street for nothing.
Wait! Sorry to vote you down. I just realized you didn't say which Monday LOL. (for greater emphasis: 2018?)
i know they are saying this and that about the QE ending, and bonds at risk.
yadda yadda yadda, but look at the TECHNICAL CHARTS HERE!
Nikkei has not see a drop like this in almost 2 years. Someone is doing some serious manipulation, cause its bleeding badly. OUCH!
Where is this endless supply of USD comming from?
<----- I really have no idea!
the united states has a technology called a printing press
I only know how to press Ctrl P. I am not tech savvy. I mentioned helicopters once by mistake and people keep bothering me about it ever since. My life is SO difficult.
what could possibly be surprising to a Tyler about this action. Stocks getting hammered money flows to bonds.... Is this a surprise? Liquidity issues, cash being repatriated again, is there something surprising here?
But how will things look in the US tomorrow morning? (what's the correlation)
How will things look? Probably ugly, equity market-wise. Good bond-wise.
That was my bet going long SDS at close today.
Yeah I gambled on SDS too, and I went long bonds. I hope things don't completely reverse by tomorrow morning -- or I guess I should say by close tomorrow.
If the US market gaps down in the morning I'll probably sell within about the first half-hour....just have to wait a while and see.
3% = "volatility"?. Come on, where's your nuts - it's the new normal.
Especially as the central banks are, um, suppressing volatility.
Limit-up? Bottoms-up! Junmai Daiginjo shu sake for all
Kanpai!
You no rikey our bonds, GI? Why you no rikey? You buy Yen.
I am so fucking wasted right now. I have no idea what's going on.
Its OK...neither do they and they're sober...I think ;-)
That's why we need to put our money in US stocks and treasuries. Overseas stocks or precious metals are just widow-makers.
In dollars we trust!
Preliminary tests: Letters to New York Mayor Michael Bloomberg contained ricin
Published: May 29, 2013
Mayor Michael Bloomberg
NEW YORK - Authorities say preliminary tests reveal the presence of ricin in letters containing anonymous threats to New York Mayor Michael Bloomberg.The letters were opened in New York City on Friday and in Washington, D.C. Sunday by the director of Mayors Against Illegal Guns.
Civilian personnel who came in contact with the letters in both cities are not experiencing symptoms. Members of the NYPD Emergency Service Unit are being examined for minor symptoms of ricin exposure, which have since subsided.Officials say the letter writer threatened Bloomberg and referenced the debate on gun laws.The FBI Joint Terrorism Task Force and the NYPD Intelligence Division are investigating the threats.
The letter will be found to have originated from some sick anti-gun nut.
I'll bet a thousand yen on it ;-)
Tea Party member too. Gotta make normal people look sicko, ya know.
Promote the agenda. One Elite world government, the rest of us living under a bridge.
"Tea Party member too."
lol...more than likely Bloomberg sent it to himself...he's spending millions bank rolling the lost cause of gun registration and is getting nothing to show for it.
///////////////////
And no one wants to bet a thousand yen on this eh?
Scared it'll be valued less than agreed on in time?
////////////////////
I'll take that as a no on holding the yen on a bet ;-)
white, male, christian, NRA member.... Kinda like Michael Douglases character in falling down....
More like millionaire Michael Moore playing the part of a populist leading pigs to the slaughter I would suspect.
Michael Douglass is a Joo ! Aryan looking Joos got it made .... Douglas, Newman, Water World skipper/tin can pisser !
Paul Newman?
Shaker Heights (or one of the Heights) Ohio...... traditional retail family ...... thank heavens Paul chose to bail on the family biz so we could enjoy Harper & Cool Hand Luke (his best)
We should ban NY Mayors. With no NY mayors, this problem simply could not exist...
Thats right.
Without elitist snob, millionaire/billionaire NYC mayors the nation as a whole would be a better place in my opinion. Maybe if they elected a complete Weiner the rest of us could take them serious again ;-)
Ricin/Anthrax laced letters are the biggest bullshit false-flags ever. If some nut (or .gov) were truly determined to bump off ol' Turdberg, he'd be on ice already.
Bloomturd is much more deserving of Polonium 210 than ricin.
Sadly, YouTube has hit algo bullshit level, and I can't give you the "I cannot confirm or deny said activities..." speech by Sheen as a covert operative in Apocalypse Now.
This will do.
p.s. We do see how info smog and data flooding are drowning the decent sources, it's not clever, it's not funny and it won't slow us down. It just means that YouTube no longer gets used (and trust me: linking to direct pirate bay excerpts is just as easy, we don't do it as a measure of faith in the mainstream, not any other reason. Take your DMCA notices and fuck yourself; you're dangerously close to moving from "annoying" to "threat". And no, this isn't "Anonymous" or those fools, it's the onion).
Here's a message to the spooks.
The gluttony guy from Seven.
Can't get his daily portions of Coke without making multiple purchases during every meal.
rock the boat bitches
JPY FOREIGN BOND BUYS -1,117.3B -800.60 Previous Month
Anyone have an expectations number for this release? Looking for some perspective:)
We have Flight and lift-off:)
(1st mate) "But Captain, the ship is taking on water and we are 50% under water". (Captain Abe) "Stand down!! Engines all ahead full!!!!!!"
Floggings will continue aboard the S.S. Nikkei until morale improves lads.
Avast!...I'll be needin me cat-o-nine tails for this!
Having to tell you people to calm down and show disciplie every day is getting us very upset and agitated. Don't you realize we have better things to do?
Sell in May .... and go away .... only two days left .... and Monedas is predicting an early Summer .... this year .... around June 21 .... keep the little one happy .... bring home some loot .... remember .... of all the females .... in God's Kingdom .... only the human female .... woman .... has failed .... to find her place .... in the sun ? Monedas 1929 Comedy Jihad World Tour
intersting, was just watching MSM in Japan here and they love telling the punters success stories of share and FX traders, "your ticket to freedom, get on board".
That and how investing in shares and JGB's is the best long term investment.
You'd be shot by the regulators in some countries for producing this kind of shit.........meanwhile down 3%!!! They'll read aboiut it tomorrow!
Japan should try QE...oh wait, what?
when are we going to get that big drop in the market like japan is getting now?
japans market is beyond rigged as are all markets, but at least its able to go down occasionaly. here in the u.s, its gotten so pathetic that todays loss of 106 pts on dow, and 11 pts on s&p is considered a fucking sell off, when they were not even 1 pct moves.
also, when was the last time we had back to back 150 plus pt losses on dow?
i want blood on wall st, these bankers must be put away once and for all. only thing that may expose them is another crash. let it happen so we can clear the poison out of market and recover the right way.
How great would it be for it to happen on a Tuesday after everyone has been conditioned to buy the dip on Mondays.
Zombie Market running out of Liquidity. Send More cops QE!
http://www.youtube.com/watch?v=vLSL8E-FLrQ
Ok Why does nothing work right on this website. That was supposed to be strikethrough text.
Trick question, how many japanese banks are primary dealers for Benny and the Jets????????
I am enjoying seeing bond rates going up, along with Gold and Silver.
As always, I have no problem admitting I'm the dumb one. So ....
1. What are we expecting to happen ?
2. what are we hoping happens ???
In regards to Gold. Silver. And the US.
I too am stupid.
But one possibility is the bond bubble continues to burst.
To prevent higher rates QE must be increased.
Stocks rally in nominal terms.
Bursting bond bubble says inflation.
Gold and silver rocket to new highs.
Good analysis here by investor I know and respect.
http://www.realclearmarkets.com/articles/2013/05/29/mr_market_sprinkled_...
With the USDJPY Mickey Mousing around 100, it's gonna take quite some to reach the much bally-hoo'd 200 mark...
Ashes, ashes, we all fall down.
When I saw this headline, I thought I was reading a day or two old article, but no.....
This is getting to be like Groundhog Day, or the scene in the Matrix with the black cat.
https://www.youtube.com/watch?v=z_KmNZNT5xw
boj: we want bonds to go back up
boj: oh shit, why are stocks going down?
boj: we want stocks to go back up...
raff my ass off, the boj is half assing the bernank's system with predictable results.
With flash crashes evident throughout markets for several years already and devalued currencies becoming the rule rather than the exception, it's absurd to imagine that all the OTB stock players and funds are still drinking the Kool Aid - how does debt get solved with more debt? If it didn't work for the bankrupt homeowner or the bankrupt revolving credit consumer, how does this work for governments and central banking gangsters? I'm sure these sociopath banksters can keep things afloat for surprisingly long periods of time, but something has got to give, and it's looking like something is finally giving.
Nmwen .... newmoon .... newner .... WTF is your handle .... I'm a Joo luver .... so I can say it .... Paul Newman is a Joo .... big liberal, too .... maybe he's aged into a Charlton Heston .... you can only tolerate liberalism .... so long .... if you have a brain ?
PRINT! ABE, PRINT!.....
http://www.youtube.com/watch?v=zzVRwoSLzmA
Down, down, down, and DOWN
Japan is getting played:
* BOJ Gov Kuroda: BOJ is Not Prepared to Ignore Bond Market Volatility
* BOJ Gov Kuroda: Switching Monetary Policy Target to Monetary Base Does Not Mean Yields Should Become Volatile
Nikkei beatdown in full effect.
Just how dumb are they?
Mind-boggling dumb. It's like ZH said, they are insane.
A bond vigilante has set this off and the hedge funds are now running japan into oblivion. Very curious what QEnext will do, they cannot prop this and even with Japan directly buying using pension funds. The losses must be massive. This is two prong attack on bonds and stocks.
Their banks will crack soon.
Muzik to my ears. I love when manipulated fraudulent paper players are burned.
I know it's awesome. Popcorn and Vodka!
He is getting seriously desperate
Hilarious to think he was so confident when being sworn in!
5.11% neg
Yeah, I think we are next. If the Fed and BoJ go 100% in on the bond markets, Dear Lenin will smiling from his rotten zombie corpse.
5% neg
Japan takedown in realtime
PKO coming up surely....
http://nipponmarketblog.wordpress.com/
Closes at 2 right? Guess we can hope for a dump into the close. They lucked out yesterday and only futures went negative.
Well, what was the tally? Looks to be over 4% on top of previous damage. That'll do.
I see it down nearly 5% now, -711.
Ummm I wonder is it possible to print surface to air missiles, they would definitely come in handy.