Japanese day traders went nuts after confusing the governor of the Bank of Japan with a baseball player
REUTERS/Toru Hanai
The panic, which we saw on Bloomberg thanks to a tweet from finance blog Russian Market, started after one prominent day trader tweeted that there was about to be an "emergency press conference on Kuroda's resignation."
The account, tweeting under the handle @okasanman, appeared to make a joke about the retirement of baseball player Hiroki Kuroda and the similarity of his name with that of the Governor of the Bank of Japan.
You can see the tweet in the original Japanese below:
黒田が辞任に関し緊急会見
- 岡三マン (@okasanman) 4 November 2016
Okasanman has around 76,000 followers and his tweet was quickly picked up by others, getting 218 retweets, including from several prominent members of Japan's day trading community.
Soon afterwards, Okasanman tweeted a picture of the baseball player, appearing to clarify his earlier tweet. The yen did not move noticeably against the dollar as a result of the tweet.
Hiroki Kuroda, who played in the USA with the New York Yankees before returning to Japan to finish his career with the Hiroshima Carp team, announced his retirement in October at the age of 41.
"The Japan Series will be the end. I've decided to hang it up," Kuroda said, according to the Kyodo News, as quoted by the New York Daily News. "I've been shown an excellent dream with an excellent team."
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market