Loading ...Abewrongics: Nikkei/USDJPY Tankin’ After Terrible Tankan
Submitted by Tyler Durden on 03/31/2015 – 20:15 
Bad news isn’t even good news anymore in Japan. A sushi-boat-load of data this evening show once again that Abenomics is failing dismally. In no particular order… Large Manufacturing Index MISS (lowest in 9 months), Large Manufacturing Outlook BIG MISS, Large Services Outlook MISS, Small Manufacturing Index MISS, Small Manufacturing Outlook BIG MISS, and drum roll please… Tankan Large Industry Capex Outlook crashes to -1.2% (from +8.7%) – the lowest in 2 years (since Abewrongics was unleashed). The response… USDJPY and Nikkei are dumping…
http://www.zerohedge.com/news/2015-03-31/abewrongics-nikkeiusdjpy-tankin-after-terrible-tankan