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The Weekend Is Over, And The Japanese Market Is Getting Clobbered
Business Insider ^ | 5-26-2013 | Joe Weisenthal

Posted on 05/26/2013 6:39:38 PM PDT by blam

The Weekend Is Over, And The Japanese Market Is Getting Clobbered

Joe Weisenthal
May 26, 2013, 8:07 PM

The weekend is over, and trading has officially whirred to life in Asia.

The big market that everyone's watching is obviously Japan, which crashed 7% on Thursday, before coming back modestly in Friday trading.

That comeback, however, faded as Nikkei futures traded throughout the day, and now the Nikkei cash market is catching up.

The Nikkei is currently off 2.8%, and USDJPY is below 102.


(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Japan; News/Current Events
KEYWORDS: economy; japan; markets; nikkei

1 posted on 05/26/2013 6:39:38 PM PDT by blam
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To: blam

MAULDIN: Japan Is On The Brink Of Disaster

2 posted on 05/26/2013 6:41:38 PM PDT by blam
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To: blam

Is the Japanese media obsequious enough to say their PM is helping average Japanese to SPEND MORE TIME WITH THEIR FAMILIES?

Cuz that’s what the USA media did.

Yup.


3 posted on 05/26/2013 6:43:12 PM PDT by gaijin
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To: blam

Flat earth! Just as I always thought!


4 posted on 05/26/2013 6:43:17 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: blam

So is Godzilla’s fault YET LOL!


5 posted on 05/26/2013 6:51:44 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: blam

Forget the stocks, watch the 10yr bond.


6 posted on 05/26/2013 6:57:48 PM PDT by SaxxonWoods (....Let It Burn...)
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To: blam

And coming to a Stock Market near you!


7 posted on 05/26/2013 7:00:00 PM PDT by tennmountainman
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To: gaijin

Yeah, I wonder what happened to “funemployment?”


8 posted on 05/26/2013 7:00:01 PM PDT by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
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To: blam



9 posted on 05/26/2013 7:00:22 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: blam

What weekend is over? Since when do the Japanese honor Memorial Day? What the hell do these kids coming out of journalism school absorb to come up with such asinine headlines?


10 posted on 05/26/2013 7:01:31 PM PDT by 4Runner
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To: blam

Roh NO!!!!

Rook Owt!! Itdz Mothra!!!


11 posted on 05/26/2013 7:05:27 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: 4Runner

Ummm... the Saturday,Sunday weekend.....


12 posted on 05/26/2013 7:14:26 PM PDT by AndrewB (FUBO)
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To: 4Runner

“What weekend is over?”

It is already Monday in Japan.


13 posted on 05/26/2013 8:17:42 PM PDT by spel_grammer_an_punct_polise (Learn three chords and you, too, can be a Rock Star!)
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To: blam

I hear Paul Krugman is just now penning an article blaming this on the Japanese government not spending enough on their recent stimulus. That and it’s Bush’s fault.


14 posted on 05/26/2013 11:27:55 PM PDT by Organic Panic
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