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Stocks Shrug As USDJPY Soars Over 111 After BoJ Rumors

Kuroda, we have a problem. Following rumors overnight, USDJPY is obedinetly being bid (Yen weaker), with its biggest day since January and pushing above 111 (highest in 3 weeks). Normally this would be all the US equity needed to spike ignorantly to new highs... but it's not...

Standard 200 pip vertical ram on nothing but rumors... but stocks ain't buying it...

 

Not even the power of Central Bank  visible hand can trump a collapse in earnings from US mega caps.