http://ift.tt/1JUI6p2
"Yesterday morning we remarked that while China staged a massive intervention in the market in the last hour of trading to push stocks higher, it came far too late to benefit Japan's Nikkei225, which closed red for the year, just before a dramatic move lower in the Yen prompted by the latest Chinese intervention. Because it was just after yesterday's Nikkei close that we saw the coordinated effort of Chinese and Japanese authorities send the world's carry trade, the USDJPY, soaring by over 100 pips, and combined with today's latest jump of over 50 pips, the result has been nothing short of a near-record one-day move in the Japanese Nikkei stock average, which jumped the most in nearly seven years in percentage terms, and the biggest point move in over 21 years.*The Nikkei Stock Average surged 7.7%, or 1343.43 points, to 18,770.51, marking the benchmark's biggest daily percentage gain since October 2008. In point terms, it was the biggest gain since January 1994."
"Yesterday morning we remarked that while China staged a massive intervention in the market in the last hour of trading to push stocks higher, it came far too late to benefit Japan's Nikkei225, which closed red for the year, just before a dramatic move lower in the Yen prompted by the latest Chinese intervention. Because it was just after yesterday's Nikkei close that we saw the coordinated effort of Chinese and Japanese authorities send the world's carry trade, the USDJPY, soaring by over 100 pips, and combined with today's latest jump of over 50 pips, the result has been nothing short of a near-record one-day move in the Japanese Nikkei stock average, which jumped the most in nearly seven years in percentage terms, and the biggest point move in over 21 years.*The Nikkei Stock Average surged 7.7%, or 1343.43 points, to 18,770.51, marking the benchmark's biggest daily percentage gain since October 2008. In point terms, it was the biggest gain since January 1994."
[text] Global Risk-On Euphoria: Japan's Nikkei Soars 7.7%, Biggest One Day Move In Seven Years | Zero Hedge
Aucun commentaire:
Enregistrer un commentaire