gold, page-765

"If there was a sign that nothing else matters but central bank largess, this was it. The moment The Bank of Japan statement hit and proclaims "unchanged" a vacuum hit USDJPY and Japanese stocks. Reflecting that Japan's economy has "continued a moderate recovery trend" which is utter crap given the quintuple-dip recession, Kuroda and his cronies said they will "add easing if necessary" and apparently that is not now. Not so much as a higher ETF purchase or moar NIRP.. and the aftermath is carnage - NKY -1000 points and USDJPY crashed to a 108 handle!!

• *BOJ WILL ADD EASING IF NECESSARY
• *BOJ: SEES LARGE DOWNSIDE RISKS FOR ECONOMIC OUTLOOK
• *BOJ: JAPAN'S CPI TO BE AROUND ZERO PERCENT FOR TIME BEING

http://www.zerohedge.com/news/2016-...oints-nikkei-drops-1000-points-usdjpy-crashes