Japanese Jawboning Fail – Nikkei Crashes 1000 Points From Overnight Highs

Friday, December 18, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/18/2015

For a brief few minutes, overnight saw exactly the reaction that central planners had hoped for when The Bank Of Japan announced it would buy ‘moar’ stock ETFs and extend bond duration buying ad nauseum. However, within just 15 minutes something happened that we haven’t seen since the world embarked on this experimental nightmare. Despite the front-ran promises to buy Japanese stocks “whatever it takes” traders sold… and sold large.

The Rest…HERE

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