Having ripped higher by over 200 points after the US close, Nikkei 225 futures have “glitched”:
- *JPX SAYS NIKKEI 225 FUTURES STOPPED TRADING AFTER 11AM TOKYO
- *JAPAN EXCHANGE SAYS NIKKEI 225 FUTURES STOPPED ON SYSTEM ERROR
- *TRADING HALT MAY BE DUE TO SYSTEM PROBLEMS, TAKAHASHI SAYS
The ramp, which caught futures up to USDJPY happened as they recoupled… we will see which direction the post-break market wants to go…
… but based on the ramp into the “market break” it would appear that someone at the BOJ left the buying program on, and forgot all about it.
