​”It’s A Disaster” – Japanese Stocks Suffer Biggest Point Drop Since Black Monday – Tyler Durden

“It’s A Disaster” – Japanese Stocks Suffer Biggest Point Drop Since Black Monday We warned yesterday that the BoJ has boxed itself into a corner – forced to decide between a crashing currency or a crashing stock market – and overnight it appears traders put policymakers to the test to see what their reaction function might be. Yen strength exacerbated an ugly US session and dragged Japanese stocks down further overnight as Japan’s Topix Index entered a technical correction in its worst two-day rout since 2011… “The recent strengthening of the Japanese yen coupled with tech sector weakness is poised to significantly…  — Continue at ZeroHedge News : Read More