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FEB 25, 2013 - Business Insider

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MARKETS FREAK OUT, YEN SURGES AFTER SHOCK SPLIT VOTE IN ITALY: Here's What You Need To Know (DIA, SPY, QQQ)

Huge swings in the Japanese yen, euro, and U.S. dollar came in the wake of some wild news out of Japan and Italy. First the scoreboard: Dow: 13,784, -216.9 pts, -1.5 percentS&P 500: 1,487, -27.7 pts, -1.8 percentNASDAQ: 3,116. -45.5 pts, -1.4 percent And now the top stories: Over the weekend, reports surfaced that Japan would be sending a Haruhiko Kuroda to head the Bank of Japan.  Kuroda, the head of the Asian Development Bank, has a reputation for being uber-dovish, which is exactly the characteristic Prime Minister Shinzo Abe has been looking for.  When Asian markets ... Read More

Tags: MARKETS FREAK OUT, YEN SURGES AFTER SHOCK SPLIT VOTE IN ITALY: Here's What You Need To Know (DIA, SPY, QQQ),  Bank Of Japan Latest News