As Japan Opens, Nikkei 225 Down Over 500 Points From Overnight Highs - Below 17,000

By Tyler Durden of Zero Hedge
Tuesday, January 6, 2015 1:06 AM EDT

UPDATE: Nikkei 225 Futs lose 17k - trading 16,985

Time for some GPIF asset re-allocation and spuriously repetitive headlines about Abenomics, 3rd Arrows, growth, anti-deflation, or some such bollocks (as they say in Japan). For now, JGB Futures are at all-time record high prices, USDJPY sits back under 119.50, and Nikkei 225 Futures are holding just above the crucial 17k mark - down over 500 points from last night's highs.

 

 

Some context for the moves post-QQE-plus...

 

Charts: Bloomberg

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Moon Kil Woong • 9 years ago • Contributor's comment

Needless to say, 2015 is starting out as a bad year for every stock market. At least Japan is very used to bad news since their economy has been living it for over 2 decades.