Japan Stocks is Crashing, Nikkei Now Down Over 6%, A Brutal Kick in The Ass for Hedge Funds and Speculators

Breaking news from Tokyo stock exchange, Japan is crashing again. Earlier the Nikkei was down 5%. Now it's down over 6%. So wild and goind deep, meanwhile USD/JPY (the dollar against the yen) is down to 95, which indicates significant yen strengthening.

Now all investors and forex trader eyes is on Japan latest economic update, Not only is this a remarkable turn events for the Japanese market, but the long Nikkei/short yen trade has been one of the trades of 2013 so far, so this is a brutal kick in the ass for hedge funds and speculators.

What the hell is this, And it's clear the bloom is coming off the rose for Abenomics (to some extent) the monetary stimulus shock treatment designed to get Japan out of the doldrums