TOKYO | Japan's central bank injected a record 7 trillion yen ($85.5 billion) into money markets, and the Tokyo stock market nosedived Monday on the first business day since an earthquake and tsunami devastated the country’s northeast and raised dire worries about the economy.
The benchmark Nikkei 225 stock average fell 487 points, or 4.8 percent, to 9,767.18. Worries about the economic impact of the disaster triggered a broad sell-off that hit all sectors.
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Japan’s central bank props up money markets
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Check for duplicates before posting, otherwise post it in the original thread. If you want to post an article of your own or find it significant for the front page please let us know. Rangers Lead the Way
Check for duplicates before posting, otherwise post it in the original thread. If you want to post an article of your own or find it significant for the front page please let us know. Rangers Lead the Way
Japan’s central bank props up money markets
RS Class 5-82
French Commando 11-83
LRSLC Class 5-87
U.S. Army 1980-1984 and 1987-1990
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“Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.”
George S. Patton
French Commando 11-83
LRSLC Class 5-87
U.S. Army 1980-1984 and 1987-1990
---------
“Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.”
George S. Patton
Re: Japan’s central bank props up money markets
No new news. The market is often impacted by natural disasters. Look at the drop in the US markets following 9-11 (no, tat was not a natural disaster).
Ranger Class 13-71
Advisor, VN 66-68 69-70
42d Vn Ranger Battalion 1969-1970
Trainer, El Salvador 86-87
Advisor, Saudi Arabian National Guard 91, 93-94
75th RRA Life Member #867
Advisor, VN 66-68 69-70
42d Vn Ranger Battalion 1969-1970
Trainer, El Salvador 86-87
Advisor, Saudi Arabian National Guard 91, 93-94
75th RRA Life Member #867
Re: Japan’s central bank props up money markets
Nikkei drops.
Overseas stocks = BUY BUY BUY !!
Overseas stocks = BUY BUY BUY !!
C Co 2/75
1986 - 1992
RS Class 9-87
RLTW
" The credit belongs to the man who is actually in the arena............ "
1986 - 1992
RS Class 9-87
RLTW
" The credit belongs to the man who is actually in the arena............ "
