What the...? Nikkei Futures Plunge
From
ZeroHedge:
Just your ordinary, stomach-churning, price stability-confirming, 600 point intraday swing in
the Nikkei June Future contract, which after taking out the 13,000
support plunged by a ridiculous 200 points in milliseconds. Mrs Watanabe
will not be happy when she wakes up. It may be time for the BOJ to
raise its hilarious assessment of Japanses GDP once again just to
completely lose all credibility. Goldman is thiiiis close to being closed out on its buy Nikkei225 September futs reco from Sunday night (stop of 12,750). On a serious note, keep an eye out for BOJ intervention - the time is fast approaching.