Yen Tumbles On Spurious Nikkei Headline, Stocks Shrug

When you asbolutely, positively need to get stocks higher, unleash a spurious Nikkei headline (at 220am local time)… “Japan to Double Planned Spending in Stimulus Package: Nikkei” and sure enough USDJPY spikes back above 106.00… but S&P futures algos are ignoring it for now…
Goldman earlier said that 3 trillion was too small…

This post was published at Zero Hedge on Jul 25, 2016.