USDJPY tumbles to a 119 handle briefly before Japan opened to its normal JPY-selling spike temporarily lifted the pair 'off the lows'. This drop dragged stock futures lower with Nikkei 225 tumbling over 350 points from its Friday trading highs. Oil prices continue to slide (WTI now with a $51 handle) and EURUSD is bouncing back from its precipitous decline earlier in the evening. S&P futures were down almost 10pts but have recovered about half their losses.
The New Year Hangover Hits Japanese stocks...
[5]
JPY rallied notably against the US Dollar following the EUR dump...
[6]
and crude can't keep a bid...
[7]
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