Suddenly, and with no catalyst whatsoever, "someone" decided to sell JPY, buy EUR and USD and aggressively bid for US equities and European peripheral bonds... just as they headed for an ugly day... Paging GPIF?
[3]
We assume this means The Fed (or Citadel) will be buying NKY futures following that index's biggest drop in 3 months overnight... you keep my market afloat and I'll keep yours alive... quid pro quo.
