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>> BANK OF JAPAN Latest News

MAR 13, 2014 - Zero Hedge

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Stocks Slammed Most In 6 Weeks On Yen-Carry Collapse

Copper's China-credit-contraction-driven crash continues as the metal drops to fresh 5-year lows today (on par with Lehman and the US downgrade collapses). Japanese stocks are down over 1000 points from their post-Putin highs. Russian stocks are plunging, Germany's (and Swiss) bonds are surging (as is gold) and European equity and credit markets are in free-fall. But apart from that... Finally we saw the world's angst spill into Yen-carry trades (USDJPY was spanked today - almost biggest drop in 6 months). US equities plunged tick-for-tick with USDJPY (S&P's biggest drop ... Read More

Tags: Stocks Slammed Most In 6 Weeks On Yen-Carry Collapse,  Bank Of Japan Latest News