This page has been archived and commenting is disabled.

White House Shoots Down Nikkei's Summers Trial Balloon

Tyler Durden's picture




 

Earlier today, when we observed the overnight "news" floated by Japan's Nikkei we cautioned that...

In other words, the report was merely leaked to gauge the market response. Sure enough, the response was gauged, and here comes the official news, shooting down this latest trial balloon.

  • White House Is Saying Reports In Japanese Press That Obama Is Set To Name Larry Summers Are Wrong - Dow Jones

Sure enough, any modest USD strength accumulated on the overnight rumor, is now being promptly unwound.

 

- advertisements -

Do NOT follow this link or you will be banned from the site!