A horrible reading from the Tankan Survey overnight sent the Nikkei into a calamitious plunge that casts serious doubt on the Bank of Japan's negative-rates strategy and helped drag the rest of Asia down despite a surprise boost in Chinese PMIs.
from Mads Koefoed - Authored content https://www.tradingfloor.com/posts/morning-markets-boj-plans-shredded-as-nikkei-takes-the-fall-7375579?utm_medium=tf4-feed&utm_source=extract
Morning Markets: BoJ plans shredded as Nikkei takes the fall
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